Alien Metals Ltd. Reports 2024 Loss of $1.56 Million, Improvement from Previous Year's $3.7 Million Loss

Reuters06-24
<a href="https://laohu8.com/S/ASLRF">Alien Metals Ltd.</a> Reports 2024 Loss of $1.56 Million, Improvement from Previous Year's $3.7 Million Loss

Alien Metals Ltd. has released its financial results for the year ended December 31, 2024, reporting a net loss of $1.56 million, an improvement from the $3.7 million loss recorded in 2023. The 2024 results were impacted by approximately $0.3 million in consulting costs and legal fees related to a joint venture agreement for the Hancock project, which ultimately did not proceed. The company continues to focus on advancing its exploration and development projects with an emphasis on safety, sustainability, and good governance. Looking ahead, Alien Metals Ltd. remains committed to creating long-term value for its shareholders. Additionally, the company experienced a change in its board of directors, with Robert Mosig being appointed as a non-executive director on March 15, 2024, following the resignation of Alwyn Vorster.

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