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GreenX Metals Launches Tannenberg Survey and Completes Share Placement

Story Highlights
  • GreenX Metals starts a geophysical survey at Tannenberg to identify key geological features.
  • The company raises A$4.6 million through share placement to support business growth.
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GreenX Metals Launches Tannenberg Survey and Completes Share Placement

Confident Investing Starts Here:

GreenX Metals ( (AU:GRX) ) has issued an update.

GreenX Metals Limited has announced the commencement of an airborne geophysical survey at their Tannenberg Copper Project, funded by the BHP Xplor program. This survey aims to identify significant geological features and historical underground workings, enhancing future exploration efforts. Additionally, GreenX has successfully raised A$4.6 million through the placement of new shares, strengthening their financial position and supporting ongoing business development.

More about GreenX Metals

GreenX Metals Limited is a company operating in the mining industry, focusing on exploration and development of copper and silver mineralization projects. Their primary market focus is on expanding and exploring historical mining districts, with a strategic location in Germany.

YTD Price Performance: 9.56%

Average Trading Volume: 39,471

Technical Sentiment Signal: Hold

Current Market Cap: A$208.5M

For a thorough assessment of GRX stock, go to TipRanks’ Stock Analysis page.

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