Rox Resources Limited ( (AU:RXL) ) has shared an update.
Rox Resources Limited has appointed BurnVoir Corporate Finance as its financial adviser to secure development funding for its Youanmi Gold Project. This strategic move aims to maximize shareholder value and accelerate the pathway to gold production by arranging an attractive and flexible funding package. The appointment is expected to enhance Rox’s ability to make a final investment decision after the delivery of the DFS, positioning the company favorably within the industry and potentially benefiting stakeholders.
More about Rox Resources Limited
Rox Resources Limited is a West Australian gold exploration and development company, owning the historic Youanmi Gold Project near Mt Magnet. The project has a Total Mineral Resource of 2.3 million ounces of contained gold, with potential for further expansion. The company focuses on leveraging existing infrastructure to resume mining operations at the site.
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