ARK Mines Ltd (AU:AHK) has released an update.
ARK Mines Ltd has reported a net decrease in cash and cash equivalents, citing expenditures of $600,000 in operating activities and $1,000 in investing activities for the current quarter. However, the company has seen a positive cash flow from financing activities, adding $2,882,000 to its financial reserves over the past twelve months. This financial activity reflects the firm’s ongoing commitment to exploration and corporate management amidst its endeavors in the mining sector.
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