Corazon Mining Limited (AU:CZN) has released an update.
Corazon Mining Limited reported a net decrease in cash and cash equivalents, with a significant cash outflow for exploration and evaluation activities, leading to an overall reduction of $1,823,000 over nine months. The company’s financial statement for the quarter ending March 31, 2024, shows operational costs and investments in exploration outweighing minimal income from operations and asset disposals. This financial snapshot is crucial for investors monitoring Corazon’s liquidity and capital management strategies.
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