Mont Royal Resources Ltd. (AU:MRZ) has released an update.
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Mont Royal Resources Limited reported a net decrease in cash and cash equivalents for the current quarter ending March 31, 2024, with significant cash outflows for exploration and evaluation activities. Operating activities resulted in a cash use of $192,000 for the quarter, while investing activities used $209,000. However, financing activities provided a boost with a net influx of $2,042,000 for the nine-month period to date.
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