Galileo Mining Ltd. (AU:GAL) has released an update.
Galileo Mining Ltd reports a decrease in cash and cash equivalents during the quarter ending 31 March 2024, with significant investments made in exploration and evaluation activities amounting to $4.504 million over nine months. The company’s quarterly cash flow statement also reveals a small net cash inflow from the sale of an investment in Dynamic Metals Ltd, but overall activities resulted in a net decrease in cash and cash equivalents due to operating, investing, and financing activities.
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