Sentinel Metals (SNM) Q4 2025 TU earnings summary

Executive summary

• Completed successful ASX debut on 30 October 2025, raising $10 million via IPO, with the offer several times oversubscribed.

• Advanced exploration at the 100%-owned Columbia Gold Project in Montana, USA, with a maiden field program and geophysical surveys completed.

• Defined compelling new drill targets and completed planning for a 5,000m diamond drill program to commence in March 2026.

• Enhanced technical team with the appointment of Dr Greg Corbett as Consultant Technical Advisor.

Financial highlights

• Raised $10 million from IPO, issuing 50 million shares at $0.20 each before costs.

• Ended the quarter with approximately A$6.98 million in cash and cash equivalents.

• Actual expenditures to date totaled A$3.51 million, under budget compared to the planned use of funds.

• Repayment of outstanding loans of ~A$1.75 million completed during the quarter.

Outlook and guidance

• 5,000m HQ diamond drill program scheduled to start in March 2026, targeting depth and strike extensions and resource upgrades.

• Focus on testing new high-impact discovery opportunities and increasing resource confidence at the Columbia Gold Project.