tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Accelerate Resources Wins Strong Shareholder Support for Capital-Raising Resolutions

Story Highlights
  • Accelerate Resources shareholders strongly backed all general meeting resolutions on 30 January 2026.
  • Approval of multiple share placements and related issues reinforces the company’s capital structure and funding plans.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Accelerate Resources Wins Strong Shareholder Support for Capital-Raising Resolutions

Claim 50% Off TipRanks Premium

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

At its general meeting on 30 January 2026, Accelerate Resources Ltd secured strong shareholder backing for all resolutions put to a poll, with each motion receiving more than 96% support. Investors approved the ratification of prior share placements under listing rules 7.1 and 7.1A, a placement to director Richard Hill, and the ratification of share issues relating to Iron Bound and Metal Hawk, reinforcing the company’s capital structure and providing board endorsement for recent and proposed funding activities.

The most recent analyst rating on (AU:AX8) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Accelerate Resources Ltd. stock, see the AU:AX8 Stock Forecast page.

More about Accelerate Resources Ltd.

Accelerate Resources Ltd (ASX: AX8) is an Australian-listed resources company based in West Perth, Western Australia, operating in the mining and exploration sector and focused on advancing its portfolio of mineral projects through capital raisings and strategic share placements.

Technical Sentiment Signal: Sell

Current Market Cap: A$8.07M

See more insights into AX8 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1