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Sagalio Energy Limited (ASX:SAN)

ALERT: Price-sensitive ASX Announcement for SAN
Current share price for SAN : $0.009 0.005 (125%)+
Announcement
Release
30 Jul 2025 8:12AM
Price at Release
$0.004
Full Release
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Summary
The document is the Quarterly Activities Report for Sagalio Energy Limited (ASX: SAN) for the quarter ending 31 December 2022. It highlights the company's transition to a cash shell following the sale of its oil and gas interests in 2021. During this period, Sagalio Energy Limited continued to review new investment opportunities, particularly in the resources sector, with the aim of identifying suitable assets to acquire. The company remained focused on managing its cash position while pursuing these new opportunities and maintained compliance with ASX listing rules. The report also includes required regulatory disclosures and financial information relevant to the company's status as a listed entity.
Key Points
  • Sagalio Energy Limited is now a cash shell following the sale of its oil and gas assets.
  • The company is actively seeking new investment opportunities, primarily in the resources sector.
  • No new acquisitions were completed during the quarter ending 31 December 2022.
  • The company focused on prudent cash management and regulatory compliance.
  • Sagalio Energy Limited remains listed on the ASX and continues to fulfill its reporting obligations.
  • The report contains financial summaries and regulatory disclosures for the quarter.
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.