Overview of North Stawell Minerals' Quarterly Cash Flow Report

North Stawell Minerals Ltd (ASX: $NSM) has reported its quarterly cash flow for the quarter ended 31 March 2024. The company disclosed a payment to directors inclusive of superannuation totaling $42,200. In response to the entity's net cash inflow, the company expects to continue to reduce operating expenditure during the next quarter and inject available funding into exploration and merger and acquisition activities. North Stawell Minerals Ltd is confident in its ability to raise the capital required to continue funding its operations.

Executive Commentary on Future Operations

The Company expects to continue to reduce operating expenditure during the next quarter and inject available funding into exploration and merger and acquisition activities. We are confident that we can raise the capital required to continue to fund our operations. Based on these responses, the Company expects to be able to continue its operations.

Summary of North Stawell Minerals' Quarterly Cash Flow Report

North Stawell Minerals Ltd (ASX: $NSM) reported a payment to directors inclusive of superannuation totaling $42,200 in the quarterly cash flow report for the quarter ended 31 March 2024. The company anticipates a reduction in operating expenditure in the next quarter and plans to focus on exploration and merger and acquisition activities. North Stawell Minerals Ltd is confident in its ability to raise the capital required to continue funding its operations, and based on the responses provided, the company expects to be able to continue its operations.