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AXP Energy Raises $1.67 Million Through Share Issuance

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AXP Energy Raises $1.67 Million Through Share Issuance

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The latest update is out from AXP Energy ( (AU:AXP) ).

AXP Energy Limited has issued 1,671,170,169 fully paid ordinary shares at $0.001 per share, raising a total of $1,671,170. This issuance was conducted without disclosure to investors under the Corporations Act, and the company has complied with relevant legal provisions. The capital structure update following this share issue has been released, reflecting the company’s strategic financial maneuvers to support its operations and market positioning.

More about AXP Energy

AXP Energy Limited is an oil and gas production and development company with core operations in Colorado. The company focuses on repurposing stranded gas at its 100%-owned Pathfinder Field for power generation, aiming to sell this power to data center operators and owners involved in high-performance computing, including AI and other processor-intensive operations. AXP Energy operates 24 oil and gas wells at its Pathfinder Field.

Current Market Cap: A$6.68M

For detailed information about AXP stock, go to TipRanks’ Stock Analysis page.

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