True North Copper Limited (AU:TNC) has released an update.
True North Copper Limited reports a challenging quarter with net cash used in operating and investing activities totaling $6,039K and $16,412K respectively, despite an increase in financing activities generating $23,885K. The company experienced significant expenditures in production, staff, and administration costs but managed to secure new funding through equity securities and borrowings to bolster its financial position.
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