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PolarX Limited Announces Lapse of Unlisted Options

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PolarX Limited Announces Lapse of Unlisted Options

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PolarX Ltd ( (AU:PXX) ) has provided an update.

PolarX Limited has announced the lapse of 19,127,436 unlisted options with an exercise price of $0.03, which expired on April 1, 2025. This development may impact the company’s financial strategy and shareholder interests, as it involves a significant number of options that were not exercised, potentially affecting future capital raising activities.

More about PolarX Ltd

PolarX Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the extraction and production of precious and base metals, with a market focus on expanding its resource base and enhancing shareholder value.

Average Trading Volume: 5,199,117

Technical Sentiment Signal: Buy

Current Market Cap: A$19M

See more insights into PXX stock on TipRanks’ Stock Analysis page.

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