Hastings Technology Metals Limited (AU:HAS) has released an update.
Hastings Technology Metals Ltd reported a net decrease in cash and cash equivalents for the quarter ending 30 June 2024, with significant investments in property, plant, and equipment. Despite a decrease in operating cash flow, the company saw an influx of funds from financing activities, mainly through equity securities issues. This financial activity underscores the company’s focus on expanding its exploration capabilities and managing its capital structure.
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