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Buxton Resources Announces Proposed Securities Issue

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The latest update is out from Buxton Resources Limited ( (AU:BUX) ).

Buxton Resources Limited announced a proposed issue of up to 120,000,000 fully paid ordinary securities, scheduled for April 14, 2025. This move is part of a placement or other type of issue, potentially impacting the company’s capital structure and market positioning, as it seeks to raise funds for its ongoing exploration and development activities.

More about Buxton Resources Limited

Buxton Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in identifying and developing projects with significant potential for mineral deposits.

YTD Price Performance: -35.29%

Average Trading Volume: 14,000

Technical Sentiment Signal: Strong Buy

Current Market Cap: €3.8M

Find detailed analytics on BUX stock on TipRanks’ Stock Analysis page.

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