Arrow Minerals (AMD) Q2 2026 TU earnings summary

Executive summary

• Reinstatement to ASX quotation achieved during the quarter, enabling renewed trading of shares.

• Completed acquisition of an 80% interest in the Yarraloola Copper Project in Western Australia.

• Awarded a new three-year Industrial Exploration Permit for the Niagara Bauxite Project in Guinea.

• Signed a non-binding MOU with Soguipami, the Guinea government’s mining partner, to clarify tenement status and explore further opportunities.

Financial highlights

• Cash balance of $3.36 million as of 30 June 2026.

• Raised $2.25 million via a two-tranche placement to institutional and sophisticated investors.

• Exploration and evaluation expenditure for the quarter totaled $0.2 million.

• Payments to related parties during the quarter totaled $144,000.

Outlook and guidance

• Planned drilling at Yarraloola Copper Project later in 2026, targeting copper-gold mineralisation.

• Niagara Bauxite Project to advance through staged economic studies and environmental permitting, with updates expected later in 2026.

• Ongoing engagement with Guinea authorities to clarify Simandou North iron project tenure.