• Pacific Nickel Mines Ltd reported a net cash outflow of $2.2 million for the quarter.
• The company received $2.3 million in advance from Glencore International AG.
• The company's cash and cash equivalents at the end of the quarter were $660,000.
• The company has total financing facilities of $37.6 million available.
• The company's liquidity is dependent on the completion of the Share Sale and Purchase Agreement with Green Rock Limited.

Pacific Nickel Mines Ltd has released its quarterly cash flow report for the quarter ending 31 March 2026. The company reported a net cash outflow of $2.2 million for the quarter, with receipts from customers totaling $857,000 and payments for production amounting to $2.959 million. The company received $2.3 million in advance from Glencore International AG. Cash and cash equivalents at the end of the quarter were $660,000. The company has total financing facilities of $37.6 million available, with a loan facility from Glencore International AG at an interest rate of SOFR plus 11%. The company's liquidity and financial viability are dependent on the completion of the Share Sale and Purchase Agreement with Green Rock Limited, subject to various conditions including shareholder and regulatory approvals.

Net cash outflow of $2.2 million for the quarter, $660,000 cash and cash equivalents at quarter end

The company's liquidity and financial viability are dependent on the completion of the Share Sale and Purchase Agreement with Green Rock Limited.