Everest Metals Corporation Limited (AU:EMC) has released an update.
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Everest Metals Corporation Ltd reported a net cash outflow from operating activities of $226,000 for the quarter ending September 2024, mainly due to administration and corporate expenses. The company also experienced a net cash outflow of $588,000 from investing activities, driven by exploration and evaluation costs. However, they secured a net cash inflow of $418,000 from financing activities through proceeds from equity securities.
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