Parabellum Resources Faces Cash Decrease

Parabellum Resources Ltd. (AU:PBL) has released an update.

Parabellum Resources Limited reported a reduction in cash reserves in their latest quarterly cash flow statement, with notable expenditures on exploration and evaluation activities and administration costs. The company experienced a decrease in cash from operating activities, investing activities, and significant repayments of borrowings leading to a net decrease in cash and cash equivalents.

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