Icon Energy Limited (AU:ICN) has released an update.
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Icon Energy Limited reported a cash balance of $588,891 at quarter-end, with ongoing efforts to advance energy resource opportunities through a partnership with Consolidated Resources Pte Ltd. The company’s application to renew the ATP 855 tenement is currently under assessment, maintaining its validity during this period. There were no exploratory activities this quarter, and the company has disclosed payments to related parties, including consulting and travel expenses for a project announced earlier in the year.
For further insights into AU:ICN stock, check out TipRanks’ Stock Analysis page.
