Flynn Gold

Financial Reports

Ubuntu

In our half-year financial report for the period ended 31 December 2024, Flynn Gold Limited has shown its commitment to mineral exploration in Tasmania and Western Australia. Significant progress was made at the Golden Ridge Project in Tasmania, with the announcement of maiden JORC compliant Exploration Targets. Exploration efforts also continued at the Henty Silver-Lead-Zinc Project and other projects in Western Australia.

Financially, the company reported a consolidated net loss of $2,045,200 for the half-year, primarily due to exploration and evaluation expenditure. Cash and cash equivalents at 31 December 2024 were $752,697, reflecting the company's ongoing commitment to exploration activities.

Looking ahead, Flynn Gold has received commitments from investors to raise $2.6 million through a placement, demonstrating confidence in the company's future prospects. The Directors believe that the company can continue as a going concern, with plans for further capital raises and exploration activities in the pipeline.

Investors are encouraged to review the full report for more detailed information on Flynn Gold's operations, financial performance, and future plans. We welcome any questions or inquiries about the company's activities and financial standing. Feel free to reach out to us for more information.

At Flynn Gold Limited, we are pleased to report on our activities for the quarter ending 31 December 2024. Our focus remains on exploration projects in Tasmania and Western Australia, with significant progress made at the Golden Ridge Project in northeast Tasmania.

Exploration activities at Golden Ridge have yielded promising results, with the identification of a maiden Exploration Target for multiple prospects, indicating a potential mineralization of 3.5 to 5.4 million tonnes of gold. Further drilling is planned to expand the Exploration Target and potentially convert it into a Mineral Resource. Additionally, significant gold anomalies have been identified at the Grenadier Prospect, with plans for further exploration in early 2025.

In other projects, geophysical reviews have commenced at the Henty Silver-Lead-Zinc Project, and an Exploration License has been granted at the highly prospective Beaconsfield Gold Mine lease in Northeast Tasmania.

Our cash position at the end of the quarter was $0.75 million, and we have entered into an At-The-Market Subscription Agreement with Dolphin Corporate Investments Pty Ltd, providing us with up to $2 million of standby equity capital over the next three years.

We invite investors to join our interactive investor hub to receive updates and interact with us. Your questions and feedback are welcome as we continue to progress our exploration activities and strive towards potential mineral discoveries. Feel free to reach out to our team for more information or to discuss the latest developments.

Date	Headline
30 Oct 2026 11:54 AM	September 2026 Quarterly Activities Report and Appendix 5B
31 Jul 2026 4:16 PM	June 2026 Quarterly Activities Report and Appendix 5B
27 Apr 2026 10:03 AM	March 2026 Quarterly Activities Report and Appendix 5B
11 Mar 2026 4:50 PM	Half Year Accounts
29 Jan 2026 9:56 AM	December 2025 Quarterly Activities Report and Appendix 5B 1
20 Oct 2025 10:12 AM	September 2025 Quarterly Activities Report and Appendix 5B 1
18 Jul 2025 9:52 AM	June 2025 Quarterly Activities Report and Appendix 5B
30 Apr 2025 8:56 AM	March 2025 Quarterly Activities Report and Appendix 5B 1
12 Mar 2025 5:12 PM	Half Year Accounts
31 Jan 2025 9:47 AM	December 2024 Quarterly Activities Report and Appendix 5B 1