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MinRex Resources Closes Loyalty Option Offer, Raising $225,081

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An update from MinRex Resources Limited ( (AU:MRR) ) is now available.

MinRex Resources Limited has successfully closed its Loyalty Option Offer, raising a total of $225,081 before costs, which will be used for the offer’s expenses and general working capital. The company received commitments for 127,500,000 new options, which will be issued on 17 April 2025, potentially strengthening its financial position and operational capabilities.

More about MinRex Resources Limited

MinRex Resources Limited is an Australian-based, ASX-listed company focused on gold and base metals exploration. It operates in the Lachlan Fold Belt of New South Wales, with a portfolio of approximately 438 square kilometers of tenements, including the Sofala Gold Project, which hosts significant gold resources.

Technical Sentiment Signal: Buy

Current Market Cap: A$8.68M

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

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