Alice Queen Ltd. (AU:AQX) has released an update.
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Alice Queen Limited advanced its gold exploration efforts in Fiji by mobilizing a diamond core drill rig for upcoming programs at Viani and Sabeto, with a focus on testing promising targets. The company’s largest shareholder, Beijing Gage Capital Management, increased its stake to 51% through a substantial $3.64 million placement, with funds aimed at accelerating these exploration projects. Additionally, Gage Capital’s Chairman, Mr. Jianying Wang, has been appointed as the new Chairman of Alice Queen Limited.
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