Nickelx Ltd (AU:NKL) has released an update.
NickelX Limited has announced the shareholder-approved acquisition of the Penny South Gold Project, which is located near a high-grade producing gold mine in Western Australia and is expected to be completed soon. In addition, the company is undergoing a rebranding to Strata Minerals Limited with a new ASX code, SMX, following a successful second tranche of a $2.0M capital raise that saw participation from company directors. The company is currently reviewing data from the Penny South Gold Project and will provide updates to investors in the near future.
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