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Tyranna Resources Limited (ASX:TYX)

ALERT: Price-sensitive ASX Announcement for TYX
Current share price for TYX : $0.003 -0.002 (-40%)+
Release
29 Oct 2025 9:00AM
Price at Release
$0.005
Full Release
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Summary
The quarterly activities report for Tyranna Resources Limited, ending 30 September 2025, outlines their strategic focus on the Namibe Lithium and Caesium Project and the Chinguar Gold Project in Angola. An extension for the Namibe Project was lodged, with future work targeting caesium minerals at the Muvero and Loop Prospects. The Chinguar Gold Project saw acquisition progress and fieldwork initiation. Financially, the company reported a net cash outflow of $0.667 million for operations, with cash reserves of $2.55 million at quarter-end. Payments to related parties totaled $175,000, and exploration and evaluation expenses were significant. The report highlights ongoing project generation efforts and acquisition opportunities being evaluated in Angola.
Key Points
  • Application for extension of Namibe Project term until October 2026.
  • Focus on caesium mineral pollucite at Muvero and Loop Prospects.
  • Acquisition of 75% shareholding in AGFC E Filos, LDA.
  • Completion of initial steps to acquire 70% interest in Maongo Copper-Gold Project.
  • Cash reserves of $2.55 million and no debt at quarter-end.
  • Net cash outflow for operations was $0.667 million.
  • Payments to related parties totaled $175,000.
  • Significant exploration and evaluation expenses reported.
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.