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Rox Resources Director Alters Shareholding to Manage Tax Obligations

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Rox Resources Director Alters Shareholding to Manage Tax Obligations

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An announcement from Rox Resources Limited ( (AU:RXL) ) is now available.

Rox Resources Limited has announced a change in the director’s interest, specifically for Mr. Stephen Dennis. The change involves the exercise of options and sale of shares to fund tax obligations, resulting in a net proceeds of $168,863.21. This adjustment in Mr. Dennis’s holdings reflects strategic financial management and could impact stakeholder perceptions regarding the company’s governance and financial strategies.

The most recent analyst rating on (AU:RXL) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on Rox Resources Limited stock, see the AU:RXL Stock Forecast page.

More about Rox Resources Limited

Rox Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the extraction of gold and other valuable minerals, positioning itself within the competitive mining sector.

Average Trading Volume: 1,754,879

Current Market Cap: A$344.1M

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

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