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ADX Energy Issues Securities to Settle Consulting Fees

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ADX Energy Issues Securities to Settle Consulting Fees

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ADX Energy ( (AU:ADX) ) just unveiled an announcement.

ADX Energy Ltd announced the issuance of 993,070 ordinary fully paid securities in lieu of consulting fees amounting to $70,905 for the quarter ending December 31, 2024. This strategic move, approved by the Board, aims to manage financial obligations while potentially strengthening the company’s capital structure and market presence.

More about ADX Energy

ADX Energy Ltd is a company operating in the energy sector, primarily focused on the exploration and production of oil and gas. The company is engaged in various projects aimed at enhancing energy resources and has a market focus on expanding its portfolio of energy assets.

YTD Price Performance: 60.0%

Average Trading Volume: 44,541

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $9.69M

See more data about ADX stock on TipRanks’ Stock Analysis page.

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