DMC Mining Ltd. (AU:DMM) has released an update.
DMC Mining Limited reported a net decrease in cash and cash equivalents for the quarter ending June 30, 2024, with a significant outflow from operating activities amounting to $187,000 for the quarter and $1,407,000 year to date. The company also experienced cash outflows from financing activities due to transaction costs related to issues of equity securities or convertible debt securities, contributing to an overall decrease in cash reserves. No significant cash flows from investing activities were reported for the current quarter.
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