Aguia Resources Limited (AU:AGR) has released an update.
Aguia Resources Limited reported a quarterly cash flow with significant activities in financing, where proceeds from equity issues brought in $1,036,000, against a backdrop of operating and investing cash flows that saw a net decrease in cash and cash equivalents. The company experienced cash outflows from operating activities totaling $785,000 for the quarter, and a minor cash inflow from investing activities. Overall, the period ended with a net increase in cash due to the strong financing cash inflow, despite the cash consumed in operating and development activities.
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