Australia's QX Resources hits near 10-month high on Southern Tanzania project acquisition
26/08/2025 05:48
** Shares of QX Resources QXR.AX up 50% at A$0.006, their highest level since October 31, 2024 ** QXR signs binding tenement sale agreements to acquire Madaba Uranium Project in Southern Tanzania ** Speciality miner receives a firm commitment to raise A$1.5 million ($974,700.00)via placement at an issue price of 0.4 AU cents ** Co to raise additional A$818,000 via non-renounceable entitlement offer ** About 8.6 mln shares traded, 6.7x the 30-day average ** Stock's YTD gains at 50% ($1 = 1.5389 Australian dollars) (Reporting by Ananya Verma in Bengaluru) ((ananya.verma@thomsonreuters.com;))
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