Quarterly Cashflow Report

• Reported net cash from operating activities of $440.3 million
• Invested $90.3 million in capital expenditures
• Repaid $27.8 million in borrowings and paid $15.9 million in financing costs

West African Resources Ltd has released its quarterly cashflow report for the period ended 31 March 2026. The company reported net cash from operating activities of $440.3 million, driven by $744.1 million in customer receipts. Capital expenditures totaled $90.3 million, primarily for property, plant and equipment and exploration and evaluation activities. The company also repaid $27.8 million in borrowings and paid $15.9 million in financing costs. West African Resources ended the quarter with cash and cash equivalents of $847.2 million.