ROX RESOURCES LIMITED ("RXL")
Placement and Share Purchase Plan at 5 to raise c. $5.25 million
Rox Resources Ltd (RXL or the Company) is a Perth-based exploration company focussed on its Northern Territory based Myrtle River lead-zinc joint venture and its Marqua phosphate project.
Capitalised at circa $15.4 million, with approx $0.4 million in cash the Company is seeking to top up its cash reserves by circa $5.25 million via a placement to raise $3.75 million (Placement) and non underwritten shareholder purchase plan to be capped at $1.5 million (SPP).
Both the Placement and SPP are priced at 5 cents.
The funds raised will enable the Company to undertake exploration at the Marqua phosphate project, augment working capital and allow the Company to asses new project opportunities
ROX RESOURCES LIMITED ("RXL")Placement and Share Purchase Plan...
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $47.21M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 11.5¢ | $88.52K | 737.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 160157 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 90361 | 1 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| RXL (ASX) Chart |