QX Resources Ltd (AU:QXR) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
QX Resources Ltd has announced a proposed issue of 300 million securities, comprising 200 million fully paid ordinary shares and 100 million unlisted options exercisable within three years. This strategic move, set to take place on November 6, 2024, is aimed at bolstering the company’s capital and enhancing its market position. Investors might see this as an opportunity to engage with a growing entity in the financial market.
For further insights into AU:QXR stock, check out TipRanks’ Stock Analysis page.