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Rox Resources Limited ( (AU:RXL) ) just unveiled an announcement.
Rox Resources Limited has successfully completed its Capital Raising initiative, securing a total of $27 million before costs. The completion of the Tranche 2 Placement involved issuing 92,857,143 fully paid ordinary shares at $0.14 per share, raising $13 million. This funding round was supported by institutional investors and key company directors, strengthening Rox Resources’ position and enabling further advancements in its operations.
More about Rox Resources Limited
Rox Resources Limited is a company operating in the mining industry, focusing on resource extraction and development projects. Its market focus includes institutional and sophisticated investors, highlighting its strategic engagement with key financial stakeholders in the industry.
For a thorough assessment of RXL stock, go to TipRanks’ Stock Analysis page.
