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PolarX Ltd ( (AU:PXX) ) has provided an update.
PolarX Limited has announced the issuance of 2,094,766 ordinary shares following the exercise of unlisted options, each priced at $0.016 and due by February 2026. This move signifies a strategic step in enhancing the company’s capital structure, potentially impacting its operational capacity and market positioning positively.
More about PolarX Ltd
PolarX Limited operates in the mining industry, focusing on exploration and development of mineral resources. The company is primarily engaged in the exploration of copper and gold deposits, with a market focus on expanding its resource base and enhancing shareholder value.
Average Trading Volume: 9,088,974
Technical Sentiment Signal: Buy
Current Market Cap: A$57.01M
For an in-depth examination of PXX stock, go to TipRanks’ Overview page.