Almasar Builds Saudi Exploration Capacity With $10 Million Cash Buffer
Closing price · 2026-10-27: $0.210 · +5.00%
Almasar Minerals ended its first reported quarter as an ASX-listed company with approximately $10 million in cash, and is preparing geophysical surveys and sampling across its granted Saudi exploration licences. It has appointed a new Head of Exploration, established a Jeddah operating hub and is progressing applications for additional exploration areas, with some licence grants anticipated in early 2027.