Aguia Resources (ASX: $AGR) Quarterly Cash Flow Report

Aguia Resources Limited (ASX: $AGR) has released its quarterly cash flow report for the quarter ended 31 March 2024. The report indicates that the company expects to continue its operations and meet its business objectives by seeking further capital through equity raises. The Board is confident in the company's ability to raise capital as and when required to fund its operations and meet its business objectives.

Executive Commentary on Capital Raise

Yes, As noted in Item 8.8.2, the Directors will continue to seek further capital as and when required through equity raises. Based on the Company's record of raising capital, the Board believes that it is in a position to raise capital as and when required to fund the Company's operations and to meet its business objectives.

Summary of Aguia Resources (ASX: $AGR) Quarterly Cash Flow Report

Aguia Resources Limited (ASX: $AGR) has released its quarterly cash flow report, affirming its intention to seek further capital through equity raises to continue its operations and meet its business objectives. The Board's confidence in the company's ability to raise capital as and when required reflects its commitment to funding operations and achieving business goals. The report provides a positive outlook for Aguia Resources' future capital-raising activities and its determination to sustain and advance its operations.