Helix Resources Limited (AU:HLX) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Helix Resources Limited has made significant strides in copper-gold exploration in the Cobar region of NSW, with promising discoveries and drilling progress highlighted by their Collerina Copper Trend and Muriel Tank Gold Project. The company urges shareholders to support the current board and management at the upcoming AGM, amidst a pending all-cash takeover bid from Acta Investment Group Pty Ltd for a portion of their shares. Helix emphasizes its commitment to driving shareholder value through exploration, with a substantial portion of funds dedicated to on-the-ground discovery efforts.
For further insights into AU:HLX stock, check out TipRanks’ Stock Analysis page.