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Accelerate Resources Ltd. ( (AU:AX8) ) has shared an update.
Accelerate Resources Ltd. has announced a new placement involving the proposed issue of 10 million ordinary fully paid securities, scheduled for issuance on April 30, 2025. This initiative is likely to enhance the company’s capital base, potentially strengthening its position in the mineral resources sector and providing additional funding for its ongoing and future projects.
More about Accelerate Resources Ltd.
Accelerate Resources Ltd. operates in the resources sector, focusing on the exploration and development of mineral resources. The company is involved in identifying and investing in mineral projects primarily aimed at the mining industry.
YTD Price Performance: 30.0%
Average Trading Volume: 2,239,411
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$8.61M
See more insights into AX8 stock on TipRanks’ Stock Analysis page.
