Hillgrove Resources Limited (AU:HGO) has released an update.
Hillgrove Resources Limited’s latest quarterly cash flow report indicates a challenging period with net cash used in operating activities amounting to $4.038 million and a further $7.482 million used in investing activities. However, the company has raised $10.131 million through equity securities, offsetting expenditures and leading to a net increase in cash and cash equivalents for the quarter.
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