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QX Resources Completes Share Placement to Bolster Uranium Project

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QX Resources Completes Share Placement to Bolster Uranium Project

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QX Resources Ltd ( (AU:QXR) ) just unveiled an announcement.

QX Resources Limited has completed the issuance of 50,000,000 fully paid ordinary shares at $0.004 per share, as part of a placement approved by shareholders. Additionally, 15,000,000 shares were issued to the facilitator of the Madaba Uranium Project. This move is part of the company’s strategic efforts to advance its projects and strengthen its market position in the mining sector.

More about QX Resources Ltd

QX Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in projects such as the Madaba Uranium Project, indicating a focus on uranium as a primary product.

Technical Sentiment Signal: Sell

Current Market Cap: A$5.53M

For a thorough assessment of QXR stock, go to TipRanks’ Stock Analysis page.

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