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ABx Group Limited Announces New Share Issuance on ASX

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ABx Group Limited ( (AU:ABX) ) has provided an announcement.

ABx Group Limited has announced the issuance of 639,657 fully paid ordinary shares, which will be quoted on the Australian Securities Exchange (ASX) as of April 22, 2025. This move is part of the company’s strategy to enhance its capital structure and support its ongoing projects, potentially strengthening its market position and offering new opportunities for stakeholders.

More about ABx Group Limited

ABx Group Limited operates in the mining and resources industry, focusing on the extraction and processing of bauxite, a primary source of aluminum. The company is engaged in developing sustainable and efficient mining operations to meet the growing demand for aluminum in various markets.

YTD Price Performance: 2.50%

Average Trading Volume: 149,938

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$10.26M

For a thorough assessment of ABX stock, go to TipRanks’ Stock Analysis page.

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