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AustChina Holdings Limited ( (AU:AUH) ) has issued an announcement.
AustChina Holdings Limited has entered into a Placement Agreement with Bluestone Energy Holdings Limited for a $1.5 million investment at $0.003 per share. This funding will support acquisitions of new resource projects, exploration and feasibility activities, and the ongoing development of the company’s business operations.
More about AustChina Holdings Limited
AustChina Holdings Limited is a junior ASX-listed company focused on energy and mineral resources. The company aims to expand its presence in developing energy markets through strategic investments in minerals and energy. Its current projects include the Blackall Coal Project in Queensland, gold and base metals projects at Sulphide Creek and Mersey VMS in Tasmania, and investment interests in copper.
Current Market Cap: A$6.05M
See more insights into AUH stock on TipRanks’ Stock Analysis page.