Pasinex management commentary says Q1 ended June 30, 2026 net loss widens to $745,023 on higher G&A after Horzum, Aydin Teknik consolidation

• Management commentary from Pasinex Resources Limited covered the three months ended June 30, 2026.
• Net loss widened to $745,023 from $282,935, driven mainly by higher general and administrative costs tied to consolidating Horzum and buying Aydın Teknik.
• Revenue totaled $223,650 from low-grade zinc material sales and final invoicing for a prior Horzum shipment.
• General and administrative expense rose to $715,460 from $329,543, reflecting higher salaries, legal costs, travel, mining license costs.
• Operating cash outflow increased to $1.53 million from $322,112; management flagged funding needs without additional dividends from Horzum.

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