Correction to Appendix 4C and Quarterly Activities Report

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Stock Recce Pharmaceuticals Ltd (RCE.ASX)
Release Time 6 Feb 2025, 11:29 a.m.
Price Sensitive Yes
 Correction to Appendix 4C and Quarterly Activities Report
Key Points
  • Net cash inflows from operating activities were A$2.77 million, correcting previous statement of net cash outflows
  • Previous quarter cash balance corrected from $1,943,806 to $6,326,540
  • Estimated Quarters of Funding Available corrected to 'N/A' due to positive net operating cash inflows
Full Summary

Recce Pharmaceuticals Ltd has issued a correction to its previously released Appendix 4C and Quarterly Activities Report for the quarter ended 31 December 2024. The key corrections are: 1) The original report stated 'Net cash outflows from operating activities were (A$2.67 million)', which has been corrected to 'Net cash inflows from operating activities were A$2.77 million'. 2) The previous quarter's cash balance figure of $1,943,806 has been corrected to $6,326,540. 3) The 'Estimated Quarters of Funding Available' has been corrected to 'N/A' as the Company had positive net operating cash inflows and the remainder of that section is no longer applicable. There is no overall impact on the quarter end cash balance. A corrected Appendix 4C has been attached to the announcement.