ActivEX (AIV) Q1 2027 TU earnings summary

Executive summary

• Quarter ended 30 Sep 2026 with $442k cash; exploration advanced across Georgetown and Aramac, while Westgrove tenure applications awaited approval.

• Georgetown rock-chip assays identified high-grade gold-silver and base-metal targets; Aramac completed initial soil sampling across the northern 8km of a 55km target zone.

Financial highlights

• Net cash used in operating activities was $165k: staff costs $62k and administration/corporate costs $103k for the quarter.

• Net cash used in investing activities was $62k; cash declined from $669k at quarter start to $442k at quarter end.

• Related-party payments totalled $62k, comprising fees for Executive and Non-Executive Directors.

Outlook and guidance

• Estimated funding runway was 1.95 quarters; management expects cash outflows to reduce after completion of tenement exploration activities.

• Further funding is planned when required; management is considering arrangements and considers a capital raising achievable based on prior experience and access to funding sources.

• Management expects operations and business objectives to continue, citing lower future operating costs and planned fundraising.