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SQX Resources Limited ( (AU:SQX) ) just unveiled an update.
SQX Resources Limited announced a proposed issue of securities, comprising 13,333,333 options exercisable at 15 cents and 20,000,000 ordinary fully paid shares. This move is aimed at raising capital, potentially enhancing the company’s financial position and supporting its operational and strategic initiatives.
More about SQX Resources Limited
SQX Resources Limited operates in the resources sector, focusing on the exploration and development of mineral resources. The company is engaged in activities related to the extraction and production of various minerals, catering to market demands for raw materials.
Average Trading Volume: 81,210
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$5.31M
For a thorough assessment of SQX stock, go to TipRanks’ Stock Analysis page.