Cullen Resources Quarterly Financial Update

Cullen Resources Limited (AU:CUL) has released an update.

Cullen Resources Limited reported a quarterly decrease in cash from operating activities, totaling $238,000 for the quarter and $1,170,000 year to date. Meanwhile, the company’s net cash from investing activities was positive at $114,000 due to the disposal of tenements. Financing activities provided a boost with a net inflow of $560,000 for the quarter, primarily through the issuance of equity securities.

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