PolarX Ltd (AU:PXX) has released an update.
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PolarX Ltd has secured $3.2 million in funding through a share placement to advance its high-grade copper and gold-silver projects in Alaska and Nevada. This strategic move, backed by existing shareholders including Northern Star Resources, will support further drilling and resource evaluation activities. With the funds, PolarX aims to enhance its Alaska Range Project’s prospects and explore the promising Humboldt Range Project in Nevada’s Carlin Trend.
For further insights into AU:PXX stock, check out TipRanks’ Stock Analysis page.
