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Aurumin Limited (ASX:AUN)

ALERT: Price-sensitive ASX Announcement for AUN
Current share price for AUN : $0.105 -0.005 (-4.55%)+
Announcement
Release
31 Oct 2025 1:09PM
Price at Release
$0.110
Full Release
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Summary
Aurumin Limited's Quarterly Activities Report and Appendix 5B Cash Flow Report for the quarter ending 30 September 2025 details financial performance and operational updates. Aurumin reported a net cash outflow from operating activities of $1,456,000, with a closing cash position of $613,000. The company undertook significant transactions, including the sale of non-core assets amounting to approximately $4 million post-quarter, which is expected to enhance liquidity. The report highlights ongoing and future exploration activities, particularly the multi-rig drilling campaign at the Sandstone Project aimed at upgrading Mineral Resources and supporting feasibility studies. The report underscores a strategic focus on advancing the Sandstone Gold Project in alignment with Brightstar’s Pre-Feasibility Study. Aurumin is confident it will meet its business objectives with these initiatives.
Key Points
  • Net cash outflow from operating activities: $1,456,000
  • Closing cash balance at quarter-end: $613,000
  • Significant post-quarter asset sale transactions totaling approximately $4 million
  • Commencement of a multi-rig drilling campaign at the Sandstone Project
  • Focus on upgrading Mineral Resources and supporting feasibility studies
  • Strategic alignment with Brightstar’s Pre-Feasibility Study for the Sandstone Gold Project
  • Payments to related parties totalled $265,000 during the quarter
  • Expected to continue operations and meet business objectives with current strategic initiatives
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.