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Buxton Resources Issues Shares for Madman Project Services

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Buxton Resources Issues Shares for Madman Project Services

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Buxton Resources Limited ( (AU:BUX) ) has provided an announcement.

Buxton Resources Limited announced the issuance of 1,323,443 ordinary fully paid shares as part of a payment arrangement for services related to the Madman Project drilling program. This move reflects the company’s strategy to leverage equity for operational support, potentially impacting its financial structure and stakeholder interests.

More about Buxton Resources Limited

Buxton Resources Limited operates in the mining industry, focusing on exploration and development projects. The company is involved in various mineral exploration activities, with a particular emphasis on projects like the Madman Project.

Average Trading Volume: 836,742

Technical Sentiment Signal: Sell

Current Market Cap: A$16.43M

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

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