Australia's Rox Resources falls on taking $243.8 million debt facility

Rox Resources

09/03/2026 24:32

** Shares of Australia's Rox Resources RXL.AX drop as much as 4.8% to A$0.495, their lowest level since February 20, 2026

** The gold explorer says it secures A$350 million ($243.81 million) in debt facilities

** Co says debt facility to fund the development of its Youanmi Gold Project in Western Australia

** Despite the moves, the stock is up 2% YTD

($1 = 1.4355 Australian dollars)

(Reporting by Aamir Sheik Khalid in Bengaluru)

((Aamir.SheikKhalid@thomsonreuters.com))