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The latest update is out from Accelerate Resources Ltd. ( (AU:AX8) ).
Accelerate Resources Ltd. has issued 10,000,000 fully paid ordinary shares at a price of $0.007 per share as part of the Balagundi Earn-In Agreement. This move, completed without disclosure to investors under specific provisions of the Corporations Act, aligns with the company’s strategic objectives and complies with regulatory requirements, potentially strengthening its financial position and operational capabilities.
More about Accelerate Resources Ltd.
Accelerate Resources Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources. The company is engaged in projects that aim to discover and exploit valuable mineral deposits, enhancing their market position within the resource sector.
Technical Sentiment Signal: Sell
Current Market Cap: A$5.72M
For detailed information about AX8 stock, go to TipRanks’ Stock Analysis page.