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Kingsrose Mining Limited (ASX:KRM)

ALERT: Price-sensitive ASX Announcement for KRM
Current share price for KRM : $0.024 -0.017 (-41.46%)+
Announcement
Release
31 Oct 2025 10:03AM
Price at Release
$0.041
Full Release
download
Summary
Kingsrose Mining Limited's quarterly report for the period ending 30 September 2025 provides an update on their activities across various projects, including the Råna Project in Norway and the Penikat Project in Finland. The report highlights ongoing exploration and corporate activities, such as cash flow management and capital structure. The Appendix 5B cash flow report shows a net decrease in cash and cash equivalents, with details on operating, investing, and financing activities. The company holds a 100% equity interest in multiple exploration licenses across Finland and Norway, with an emphasis on nickel, copper, and cobalt projects.
Key Points
  • Net decrease in cash and cash equivalents.
  • Focus on Råna and Penikat projects.
  • 100% equity interest in various exploration licenses in Finland and Norway.
  • No net cash from investing activities.
  • Payments to related parties include directors' salaries and fees.
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.