S2 Resources
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S2 Resources (S2R) investor relations material

S2 Resources Q2 2026 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2026 TU earnings summary28 Jan, 2026

Executive summary

  • Completed sale of Fosterville exploration licence for A$17 million cash, strengthening liquidity.

  • Raised A$3 million via private placement with Agnico Eagle, which became a 5.6% shareholder.

  • Ended quarter with a strong cash position of A$22.79 million and a significant equity stake in Valkea Resources.

Financial highlights

  • Operating cash outflows for the quarter were approximately A$1.3 million, mainly for exploration, corporate, and staff costs.

  • Cash inflows included A$17 million from the Fosterville licence sale and A$3 million from the private placement.

  • Net cash from investing activities was A$18.1 million; net cash from financing activities was A$2.9 million.

  • Cash and cash equivalents at quarter end were A$22.79 million.

  • Payments to related parties totaled A$127,950 for director remuneration.

Outlook and guidance

  • Planned cash outflows for the next quarter are forecast at approximately A$1.6 million.

  • Estimated quarters of funding available is 18.02, indicating strong liquidity for ongoing operations.

Agnico Eagle's strategic role beyond Fosterville
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