Podium Minerals Limited
POD: Quarterly Activities/Appendix 5B Cash Flow Report
Podium Minerals Limited reported significant advancements in its Parks Reef PGM Project, with Phase 3 optimization test work delivering a step-change in concentrator performance, including increased flotation and overall copper recoveries, and an 18% increase in combined 3E PGM product grade. The company also secured a non-binding Memorandum of Understanding for a strategic Australia-U.S. PGM supply chain partnership and successfully completed a A$4 million underwritten share purchase plan to fund ongoing metallurgical work and general working capital.