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Siren Gold Limited (ASX:SNG)

ALERT: Price-sensitive ASX Announcement for SNG
Current share price for SNG : $0.052 -0.053 (-50.48%)+
Announcement
Release
29 Oct 2025 8:15AM
Price at Release
$0.105
Full Release
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Summary
Siren Gold Limited's quarterly report for the period ending 30 September 2025 highlights a robust cash position with a closing balance of $2,727k. The company reported a net cash usage of $510k from operating activities and $115k from investing activities, with cash inflows of $2,151k from financing. Investment in exploration and evaluation amounted to $184k, with a strategic focus on the Sams Creek project, where the company plans to increase resource classification in 2026. Siren Gold remains committed to expanding its resource base and advancing projects towards production, while maintaining a substantial equity position in Rua Gold Limited.
Key Points
  • Siren Gold Limited reported a closing cash balance of $2,727k for the quarter ended 30 September 2025.
  • Incurred $184k on exploration and evaluation expenditure for the quarter.
  • Net cash used in operating activities was $510k, and net cash used in investing activities was $115k.
  • Net cash from financing activities amounted to $2,151k.
  • Siren Gold remains well-funded for continued drilling and exploration at Sams Creek.
  • The company aims to upgrade the resource classification in 2026 and awaits a mining permit decision for Sams Creek by year-end.
  • No expenditure was recorded for mining production or development activities during the quarter.
  • Siren Gold is the largest shareholder in Rua Gold Limited with a ~16.7% shareholding.
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.