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The latest announcement is out from QX Resources Ltd ( (AU:QXR) ).
QX Resources Limited has announced the successful completion of a share placement, issuing 327,582,217 fully paid ordinary shares at $0.004 per share. This move, previously announced on 26 August 2025, was executed without disclosure to investors under Part 6D.2 of the Corporations Act 2001. The company has confirmed compliance with relevant provisions of the Corporations Act and stated that there is no excluded information that needs to be disclosed. This strategic financial maneuver is expected to bolster the company’s capital structure, potentially enhancing its market position and operational capabilities.
More about QX Resources Ltd
Technical Sentiment Signal: Sell
Current Market Cap: A$6.41M
See more insights into QXR stock on TipRanks’ Stock Analysis page.