Agrimin Limited Balances Cash Flow

Agrimin Limited (AU:AMN) has released an update.

Agrimin Limited reported a net decrease in cash from operating and investing activities, with operating costs leading to a cash outflow of $717,000 in the current quarter and $2,272,000 year to date. However, the company has offset some of this outflow with $2,800,000 net cash from financing activities for the quarter, resulting in an overall increase in cash and cash equivalents. The report details staff and administration costs, investments in exploration and evaluation, and proceeds from government grants.

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