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Enegex Limited ( (AU:ENX) ) has shared an announcement.
Enegex Limited has announced the acquisition of Famien Resources Pty Ltd, which holds a significant portfolio of gold exploration permits in Côte d’Ivoire. This acquisition, along with a $5 million share placement, aims to enhance Enegex’s growth and shareholder value. The company plans to initiate exploration on two priority targets in Côte d’Ivoire and expand its footprint using a proven mineral systems approach. The addition of experienced personnel, including Paul Roberts and Eric Kondo, strengthens Enegex’s position in the West African gold exploration market.
More about Enegex Limited
Enegex Limited is a company involved in the exploration and development of gold projects. It focuses on expanding its portfolio in gold-prospective terrains, particularly in West Africa and Western Australia.
Average Trading Volume: 61,469
Technical Sentiment Signal: Buy
Current Market Cap: A$9.14M
For detailed information about ENX stock, go to TipRanks’ Stock Analysis page.