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An announcement from Accelerate Resources Ltd. ( (AU:AX8) ) is now available.
Accelerate Resources Ltd. has announced the issuance of 4,000,000 ordinary fully paid shares as part of the Iron Bound Agreement for the acquisition of the Balagundi tenement. This strategic move is expected to enhance the company’s resource portfolio and strengthen its position in the mineral exploration sector.
More about Accelerate Resources Ltd.
Accelerate Resources Ltd. operates in the resources industry, focusing on the exploration and development of mineral properties. The company primarily deals with the acquisition and management of tenements, with a market focus on expanding its resource base.
Technical Sentiment Signal: Sell
Current Market Cap: A$5.79M
For a thorough assessment of AX8 stock, go to TipRanks’ Stock Analysis page.