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An announcement from Bubalus Resources Ltd. ( (AU:BUS) ) is now available.
Bubalus Resources Ltd. has successfully raised $1.5 million through a share placement to advance its gold and critical minerals projects. The funds will be used to expedite the company’s Victorian Gold Projects and Northern Territory Critical Minerals Projects, with a maiden drilling program at the Avon Plains Gold Project set to begin soon. This financial boost strengthens Bubalus’s position in the mineral exploration industry and supports its strategic initiatives for growth.
More about Bubalus Resources Ltd.
Bubalus Resources Ltd. is engaged in the exploration and development of mineral projects, focusing on gold, lithium, manganese, and rare earth elements. The company operates six projects across the Northern Territory and Western Australia, including the Victorian Gold Projects, Yinnietharra Lithium Project, Amadeus Project, Coomarie Project, Nolans East Project, and Pargee Project.
Average Trading Volume: 370,572
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$8.03M
For detailed information about BUS stock, go to TipRanks’ Stock Analysis page.