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Minbos Resources Limited (ASX:MNB)

ALERT: Price-sensitive ASX Announcement for MNB
Current share price for MNB : $0.024 0.001 (4.35%)+
Announcement
Release
30 Jan 2026 1:24PM
Price at Release
$0.023
Full Release
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Summary
Minbos Resources Limited reported a net cash outflow from operating activities of $1,862,000 for the quarter ending 31 December 2025. The company invested $2,538,000 in property, plant, and equipment while net cash from financing activities amounted to $2,813,000. Closing cash and cash equivalents were reported at $2,290,000. The company did not pay any dividends during the period. To support its operations, Minbos plans to complete a Share Purchase Plan in February 2026 expected to raise $1 million, in addition to $300,000 potentially available with shareholder approval of Director participation in a recent Placement. With these financial strategies, Minbos estimates having 1.2 quarters of funding available, according to the quarterly cash flow report prepared under ASX Listing Rules Appendix 5B.
Key Points
  • Net cash used in operating activities for the quarter was $1,862,000.
  • Payments for property, plant, and equipment totaled $2,538,000.
  • Net cash from financing activities was $2,813,000.
  • Cash and cash equivalents at the end of the period were $2,290,000.
  • No dividends were paid during the quarter.
  • The company plans a Share Purchase Plan to raise $1 million.
  • Potential $300,000 available with shareholder approval for Director participation in the Placement.
  • Estimated 1.2 quarters of funding available with current cash.
  • The report is prepared in accordance with ASX Listing Rules Appendix 5B.
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.