Quarterly Activities/Appendix 5B Cash Flow Report
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| Stock | HELIX Resources Ltd (HLX.ASX) |
|---|---|
| Release Time | 31 Jul 2026, 2:51 p.m. |
| Price Sensitive | Yes |
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Helix Resources Quarterly Activities Report
Key Points
- Acquired 50% interest in Weerianna Gold-Lithium Project for $1.327 million
- Completed capital consolidation on a 35-for-1 basis
- Completed placement of 534.6 million shares at $0.00125 each, raising $668,286
Full Summary
Helix Resources Ltd announced its quarterly activities and cash flow report for the quarter ending 30 June 2026. The company acquired a 50% interest in the Weerianna Gold-Lithium Project in the West Pilbara Gold Basin for a total consideration of $1,327,915, comprising $1,002,429 in Helix shares and $325,486 in cash. The company also completed a capital consolidation on a 35-for-1 basis and a placement of 534,629,052 new fully paid ordinary shares at $0.00125 per share, raising $668,286. Exploration activities included the Weerianna Gold-Lithium Project and the Gold Basin oxide-gold project in Arizona. The company's cash position as at 30 June 2026 was $0.084 million.
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