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Accelerate Resources Ltd. ( (AU:AX8) ) just unveiled an update.
Accelerate Resources Limited has successfully raised A$900,000 through a share placement to fund exploration activities at its Balagundi Gold Project in Western Australia. The funds will support drilling programs and geophysical surveys, positioning the company to advance its high-priority targets and maintain exploration momentum. This financial boost reflects strong investor confidence and is expected to enhance Accelerate’s operational capabilities and market positioning in the gold exploration sector.
More about Accelerate Resources Ltd.
Accelerate Resources Limited is a company operating in the mining industry, focusing on exploration and development projects. Its primary focus is on gold exploration, particularly in the Eastern Goldfields region of Western Australia.
Technical Sentiment Signal: Sell
Current Market Cap: A$5.82M
See more data about AX8 stock on TipRanks’ Stock Analysis page.