E79 Price sensitive 30 Jul 2026, 12:53 PM

Quarterly Cashflow Report - June 2026

E79 Gold Mines Ltd

E79 Gold Mines Ltd Quarterly Cashflow Report - June 2026

Key points

  • Cash flows from operating activities showed a net cash outflow of $401,000 for the quarter.
  • Financing activities contributed positively with a net cash inflow of $2,930,000.
  • Cash and cash equivalents at the end of the quarter were $2,447,000.

Full summary

E79 Gold Mines Ltd's Quarterly Cashflow Report for June 2026 details cash flow activities for the mining exploration entity. Operating activities resulted in a net cash outflow of $401,000, primarily due to exploration and evaluation staff costs and administration and corporate costs. Investing activities showed a net cash outflow of $200,000, mainly from payments for exploration and evaluation. Financing activities contributed positively with a net cash inflow of $2,930,000. The company ended the quarter with cash and cash equivalents of $2,447,000, with an estimated 6.1 quarters of funding available based on current net outflows.

Guidance

E79 Gold Mines Ltd expects to maintain current net operating cash flows for the foreseeable future.

Outlook

E79 Gold Mines Ltd plans to continue its exploration and evaluation activities, with potential steps to raise further cash if necessary to fund operations.

Summary generated by a large language model. Please interpret with care.

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