Quarterly Cashflow Report - September 2025

• Cash outflows of $1.023 million, including $865k for exploration and evaluation
• Cash balance of $5.024 million at quarter end
• Raised $4 million from equity issuance

Everest Metals Corporation Ltd has released its quarterly cashflow report for the period ended 30 September 2025. The company reported net cash outflows from operating activities of $158k, and net cash outflows from investing activities of $925k, primarily due to $865k spent on exploration and evaluation. This resulted in total relevant outgoings of $1.023 million for the quarter. However, the company was able to raise $4 million from equity issuance, ending the quarter with a strong cash balance of $5.024 million. The company's cash and cash equivalents increased from $2.107 million at the start of the quarter to $5.024 million at the end of the quarter. Payments to related parties and their associates during the quarter totaled $342k. The company has no financing facilities in place and reported an estimated 4.9 quarters of funding available based on the current cash balance and outgoings.