Quarterly Activities Report & Appendix 5B
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| Stock | Buxton Resources Ltd (BUX.ASX) |
|---|---|
| Release Time | 30 Jul 2026, 8:33 a.m. |
| Price Sensitive | Yes |
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Buxton Resources Quarterly Activities Report for Q1 2026
Key Points
- Completed sale of Copper Wolf JV interest for A$6.15 million
- Commenced drilling at Madman Project
- All resolutions passed at General Meeting
- Cash balance of A$7.37 million at end of quarter
- Received A$1.14 million via placement post-quarter end
Full Summary
Buxton Resources Ltd. reported its Quarterly Activities Report for the period ending 30 June 2026. Key highlights include the completion of the sale of the company's 49% interest in the Copper Wolf Joint Venture for approximately A$6.15 million, the commencement of maiden drilling at the 100%-owned Madman Project, and the passing of all resolutions at the General Meeting held on 12 June 2026. The company finished the quarter with approximately A$7.37 million in cash, reflecting a strong funding position for planned exploration activities. Post-quarter end, the company received firm commitments for a further A$1.14 million placement at A$0.035 per share.
Guidance
None
Outlook
None
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