Argosy Minerals Balances Cash Flow Amid Development

Argosy Minerals Limited (AU:AGY) has released an update.

Argosy Minerals Limited reported a net decrease in cash from operating and investing activities, with notable expenses in development and exploration, and significant loans to other entities. However, the mining exploration company’s financial activities were buoyed by a considerable inflow from equity securities issues, leading to an overall increase in cash and cash equivalents for the quarter ended June 30, 2024.

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