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XTC Lithium Strengthens Cash Position
Company Announcements

XTC Lithium Strengthens Cash Position

Xantippe Resources Limited (AU:XTC) has released an update.

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XTC Lithium Ltd reported a net increase in cash and cash equivalents for the quarter ending September 30, 2023, despite experiencing net cash outflow from operating and investing activities. This was offset by a substantial net cash inflow from financing activities, largely due to proceeds from equity securities and borrowings. The company’s financial position appears to be strengthened by these latest cash flow figures.

For further insights into AU:XTC stock, check out TipRanks’ Stock Analysis page.

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