Redbank Copper Ltd. (AU:NTM) has released an update.
Redbank Copper Ltd. reported a challenging quarter with a cash outflow of $42,000 from operating activities and $271,000 from investing activities. However, the company secured $300,000 from convertible debt securities, resulting in a positive cash flow of $308,000 in financing activities. This financial maneuvering highlights the company’s efforts to maintain liquidity amidst ongoing exploration investments.
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