Resources & Energy Group Limited (AU:REZ) has released an update.
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Resources & Energy Group Limited (REZ) has successfully secured $500,000 through a share placement to fund a strategic drilling program at the East Menzies Gold Project. The campaign, aimed at treating high-grade gold deposits identified at Maranoa and Goodenough, is expected to enhance the project’s value. With strong support from investors, REZ is poised to resume gold production at its flagship project.
For further insights into AU:REZ stock, check out TipRanks’ Stock Analysis page.