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An update from PolarX Ltd ( (AU:PXX) ) is now available.
PolarX Limited has successfully completed a placement of 339,188,013 ordinary shares at an issue price of $0.015 per share, as per its announcement on 8 September 2025. This placement was conducted under the company’s available capacity according to Listing Rule 7.1, and the shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act 2001. The completion of this placement is expected to support the company’s financial position and potentially enhance its market operations.
More about PolarX Ltd
PolarX Limited operates in the mining industry, focusing on exploration and development of mineral resources. The company primarily deals with the extraction and production of minerals, with a market focus on expanding its resource base and enhancing shareholder value.
Average Trading Volume: 6,533,721
Technical Sentiment Signal: Buy
Current Market Cap: A$40.38M
See more data about PXX stock on TipRanks’ Stock Analysis page.