Truscott Mining Corporation Limited (ASX:TRM)

ALERT: Price-sensitive ASX Announcement for TRM

Current share price for TRM : $0.048 -0.028 (-36.84%)⁺

Announcement

Quarterly Activities/Appendix 5B Cash Flow Report

Release

28 Oct 2025 4:49PM

Price at Release

$0.076

Full Release

Summary

Truscott Mining Corporation Limited has released its quarterly activities report for the period ending 30 September 2025. The company reported a net cash decrease of $128,000, concluding the quarter with $145,000 in cash and cash equivalents. Payments for exploration and evaluation were reported at $49,000. Financially, the company has an interest-free loan facility from a director, with $450,000 drawn from a $600,000 limit. The report highlights the continuation of exploration projects at Westminster and Barkly, with no changes in mining tenements during the quarter. Available funding is estimated to cover 2.29 quarters of operations.

Key Points

Truscott Mining Corporation Limited's quarterly activities report for the quarter ended 30 September 2025.
The report includes a statement of cash flows, with a net decrease in cash and cash equivalents of $128,000.
Cash and cash equivalents at the end of the quarter were $145,000.
Payments for exploration and evaluation activities amounted to $49,000.
An unsecured interest-free loan facility of $600,000 is available, with $450,000 drawn by the quarter end.
The estimated quarters of funding available is 2.29 based on cash and unused finance facilities.
Key exploration projects include Westminster and Barkly in the Northern Territory.
No new mining tenements were acquired or disposed of during 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.