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Corazon Mining Limited Reports Quarterly Cash Flow with Strategic Financing

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An announcement from Corazon Mining Limited ( (AU:CZN) ) is now available.

Corazon Mining Limited reported its quarterly cash flow, revealing a net cash outflow from operating activities of $387,000 and from investing activities of $372,000. Despite these outflows, the company managed to secure $1,550,000 from equity securities, resulting in a net cash inflow from financing activities of $1,373,000. This financial maneuvering indicates the company’s efforts to bolster its cash reserves amidst ongoing exploration and evaluation expenditures.

More about Corazon Mining Limited

Corazon Mining Limited operates in the mining exploration industry, focusing on the exploration and evaluation of mineral properties.

Technical Sentiment Signal: Buy

Current Market Cap: A$2.37M

See more insights into CZN stock on TipRanks’ Stock Analysis page.

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