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Nex Metals Explorations Ltd Updates on Projects and Corporate Changes

Story Highlights
  • Nex Metals is advancing its Kookynie Tailings Project and exploring overseas gold opportunities.
  • The company completed capital raisings and announced a CEO change, impacting its strategic direction.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nex Metals Explorations Ltd Updates on Projects and Corporate Changes

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Nex Metals Explorations Ltd ( (AU:NME) ) just unveiled an announcement.

Nex Metals Explorations Ltd has announced progress in its exploration and joint venture activities, including advanced discussions for a joint project scheme at the Kookynie Tailings Project and investigations into overseas gold project opportunities. The company also reported on its joint venture interest in the Kookynie and Yundamindra Gold projects, with recent drilling results announced by its partner, Arika Resources Ltd. Additionally, Nex Metals has completed capital raisings to support its project development and acquisition strategies, and the company has undergone a leadership change with the termination of its CEO, Maki Petkovski.

More about Nex Metals Explorations Ltd

Nex Metals Explorations Ltd is a company operating in the mining industry, primarily focused on gold exploration and development projects. The company is engaged in joint ventures and seeks opportunities both domestically and overseas, with a particular interest in the Kookynie Tailings Project and other gold project opportunities.

Average Trading Volume: 171,024

Technical Sentiment Signal: Sell

Current Market Cap: A$7.35M

See more data about NME stock on TipRanks’ Stock Analysis page.

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