King River Resources Limited (AU:KRR) has released an update.
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King River Resources Limited reported a net increase in cash and cash equivalents this quarter, with notable cash inflows from government grants and tax incentives, and R&D tax refunds, despite ongoing investments in exploration and evaluation. Operating activities generated net cash of $185,000, while investing activities resulted in a net use of $443,000. Financing activities further impacted cash reserves with a net decrease of $234,000.
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