Ragnar Metals Limited (AU:RAG) has released an update.
Ragnar Metals Limited reported a quarterly cash outflow from operating activities of $96,000, with significant investments in exploration and evaluation leading to a cash outflow of $444,000. However, the company’s financial activities, primarily through equity securities, provided a positive cash flow of $1,887,000, contributing to an overall cash and cash equivalents balance of $9,825,000 at the quarter’s end.
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