BKT.ASX: Quarterly Activities/Appendix 5B Cash Flow Report

Quarterly Activities/Appendix 5B Cash Flow Report

Stock	Black Rock Mining Ltd (BKT.ASX)
Release Time	30 Jul 2026, 8:52 a.m.
Price Sensitive	Yes

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Black Rock Mining Ltd Updates on Mahenge Graphite Project

Key Points

Early works program nearing completion for the Mahenge Graphite Project
Secured an extension to the US$204m credit facility agreement until 30 November 2026
A$4.9m cash reserves at 30 June 2026
Reset Graphite Market Price protocol based on current market conditions

Full Summary

Black Rock Mining Ltd provided an update on its Mahenge Graphite Project in Tanzania for the quarter ending 30 June 2026. The company reported significant progress in completing the early works program, with community compensation payments successfully completed and preliminary work on the transmission line underway. Black Rock also secured an extension to its US$204m credit facility agreement, extending the deadline for Financial Close to 30 November 2026. The company's cash reserves stood at A$4.9m at 30 June 2026, and the Graphite Market Price protocol was reset based on current market conditions.

Guidance

Financial Close deadline extended to 30 November 2026

Outlook

Black Rock Mining Ltd remains focused on reaching Financial Close and moving toward a fully funded Final Investment Decision for the Mahenge Graphite Project.