Sunrise Energy Metals (SRL) Q4 2025 TU earnings summary

Executive summary

• Advanced pre-development at Syerston Scandium Project, including feasibility study update and significant high-grade scandium drill results.

• Raised $7.5 million via placement and share purchase plan to accelerate Syerston pre-development.

• No lost time injuries or reportable environmental incidents during the quarter.

• Ongoing engagement with potential scandium customers amid tightening global supply due to Chinese export restrictions.

Financial highlights

• Cash on hand at 30 June 2025 was $10.71 million.

• Net cash used in operating activities for the quarter was $1.62 million.

• Total funds raised from equity during the quarter amounted to $7.5 million.

• Estimated 6.6 quarters of funding available based on current cash burn.

Outlook and guidance

• Updated Syerston Scandium Project Feasibility Study expected to be released in September 2025.

• Anticipated conversion of Inferred Resource to Measured or Indicated categories, enhancing Ore Reserve and mine plan.

• Continued focus on securing offtake agreements and project-level funding for battery materials complex as market conditions improve.