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QX Resources Ltd ( (AU:QXR) ) has shared an announcement.
QX Resources Ltd announced a non-renounceable rights issue to raise approximately $818,000 by offering 204.7 million new shares at $0.004 each, with an attaching option for every two shares issued. The offer is limited to shareholders in Australia and New Zealand, excluding those with addresses outside these regions due to compliance costs, impacting the company’s capital structure and shareholder base.
More about QX Resources Ltd
QX Resources Ltd is a company operating in the resources sector, focusing on the exploration and development of mineral resources. The company is primarily involved in the production and distribution of mineral commodities, with a market focus on Australia and New Zealand.
Technical Sentiment Signal: Sell
Current Market Cap: A$6.63M
See more data about QXR stock on TipRanks’ Stock Analysis page.