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Genmin Ltd.
GEN.AU
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Genmin Limited Reports Quarterly Cash Flow and Financing Activities

Genmin Limited has reported a net cash outflow of $3.364 million from operating activities for the quarter ending June 30, 2025, mainly due to exploration and administrative costs. The company raised $1.6 million through financing activities to strengthen its financial position. The latest analyst rating for Genmin Ltd. (AU:GEN) is a Hold with a price target of A$0.09. The company operates in the mining exploration sector, focusing on mineral resource development, with a current market cap of A$21.29 million.

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Genmin Secures A$1.0 Million Funding for Baniaka Project

Genmin Ltd. has secured A$1.0 million in unsecured loans from Board Chair Greg Lilleyman and non-executive Director John Hodder, accruing interest at 12% per annum. The funding will support general working capital as the company advances its Baniaka iron ore project in Gabon. The latest analyst rating for Genmin (AU:GEN) is a Hold with a price target of A$0.09. Genmin is focused on developing its flagship Baniaka project, contributing to its strategic positioning in the iron ore industry.

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Genmin Secures A$2.0 Million Loan to Support Baniaka Project

Genmin Ltd. has secured a A$2.0 million unsecured loan from Injiview Pty Ltd to support its Baniaka iron ore project in Gabon. The loan, accruing 12% interest and repayable by June 2026, will aid in general working capital and project funding. Genmin aims to develop Baniaka into Gabon’s first commercial iron ore mine, with production expected to start by late 2026. The company holds 100% interests in three projects in Gabon and has a current market cap of A$30.17M.

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Genmin Welcomes Gabon’s Peaceful Presidential Election and New Leadership

Genmin Ltd. announced the successful completion of Gabon’s presidential election, with Brice Clotaire Oligui Nguema elected with over 90% of the vote. This election is seen as a step towards political stabilization in Gabon, following a new constitution that improves governance. Genmin’s CEO is optimistic about collaboration with the new administration, which may benefit the company’s operations in Gabon. Genmin is focused on developing Gabon’s first commercial iron ore mine, with production expected to start by late 2026.

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