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Accelerate Resources Ltd Issues 177 Million New Shares

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Accelerate Resources Ltd Issues 177 Million New Shares

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The latest announcement is out from Accelerate Resources Ltd. ( (AU:AX8) ).

Accelerate Resources Ltd has issued 177,000,000 fully paid ordinary shares at a price of $0.005 per share. This move, announced on December 8, 2025, and completed on December 12, 2025, was conducted without disclosure to investors under Part 6D.2 of the Corporations Act, adhering to all relevant legal provisions. The issuance is part of the company’s strategic financial maneuvers, potentially impacting its market position by enhancing its capital base.

More about Accelerate Resources Ltd.

Technical Sentiment Signal: Sell

Current Market Cap: A$4.99M

For detailed information about AX8 stock, go to TipRanks’ Stock Analysis page.

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