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Accelerate Resources Ltd. ( (AU:AX8) ) has issued an update.
Accelerate Resources Ltd. has issued 4,000,000 fully paid ordinary shares at a price of $0.007 per share as part of the Iron Bound Earn-In Agreement. This move, compliant with the Corporations Act, signifies the company’s strategic efforts to enhance its financial position and operational capabilities, potentially impacting its market standing and investor relations positively.
More about Accelerate Resources Ltd.
Accelerate Resources Ltd. operates in the mining industry, focusing on resource exploration and development. The company is involved in projects that aim to discover and develop mineral resources, contributing to the supply of essential materials in the market.
Technical Sentiment Signal: Sell
Current Market Cap: A$5.79M
Find detailed analytics on AX8 stock on TipRanks’ Stock Analysis page.