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Carnaby Resources (CNB) investor relations material
Carnaby Resources Q1 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Completed acquisition of 100% of Trekelano mining leases and remaining 17.5% of Greater Duchess JV, consolidating full project ownership and control.
Raised $12.5M via placement to QIC Critical Minerals and Battery Technology Fund, boosting pro forma cash to $19.5M.
Advanced Greater Duchess Copper Gold Project PFS, now scheduled for Q1 CY2026 due to acquisition timing.
Financial highlights
Cash at 30 September 2025: $7.0M, with $12.5M placement proceeds received post-quarter, totaling $19.5M pro forma.
Exploration and evaluation expenditure for the quarter: $2.42M.
Payments to related parties (directors): $158,441 for the quarter.
Net cash outflow from operating activities: $(2.83)M; investing activities: $(6.0)M.
Estimated quarters of funding available: 2, excluding post-quarter placement.
Outlook and guidance
Greater Duchess PFS completion targeted for Q1 CY2026; DFS to follow in H1 CY2026, with FID targeted for Q3 CY2026.
Proceeds from recent placement to fund PFS, DFS, and project advancement.
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