Quarterly Activities/Appendix 5B Cash Flow Report
| Stock | OZZ Resources Ltd (OZZ.ASX) |
|---|---|
| Release Time | 23 Jul 2026, 1:21 p.m. |
| Price Sensitive | Yes |
OZZ Resources Ltd. Quarterly Activities Report
- Acquisition of Sulphide Minerals completed, pending regulatory approvals
- Prospectus lodged to raise up to $5 million
- Exploration plans outlined for Bedaburra Project
- Mining licence application submitted for Maguires Gold Project
- Corporate activities and cash flow details provided
OZZ Resources Ltd. has released its quarterly activities report for the period ending June 30, 2026. The company has finalized the acquisition of Sulphide Minerals, pending regulatory approvals, and has lodged a prospectus to raise up to $5 million to fund the acquisition and exploration activities. The Bedaburra Project, which covers approximately 43.54 km² in Western Australia, is prospective for nickel, copper, cobalt, and other critical minerals. OZZ also submitted a mining licence application for the Maguires Gold Project and has outlined a two-year exploration program. Corporate activities include a non-renounceable entitlement offer and details of cash flow, including a net cash outflow of $176,000 for the quarter.
Net cash outflow from operating activities for the quarter was $176,000
OZZ Resources Ltd. expects to complete the acquisition of Sulphide Minerals and commence a two-year exploration program at the Bedaburra Project, pending regulatory approvals and successful capital raising.