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Xstate Resources Secures Diona Project, Targets ASX Re-Quotation and Q3 2025 Drilling

4:20am on Monday 2nd of June, 2025 AEST Energy
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Xstate Resources Secures Diona Project, Targets ASX Re-Quotation and Q3 2025 Drilling

4:20am on Monday 2nd of June, 2025 AEST
Key Points
  • Acquisition of 51% working interest in Diona project from Elixir Energy
  • Planned capital raise of minimum $1.5 million to facilitate ASX re-quotation
  • Maiden drilling program at Diona targeted for Q3 2025
  • Disposal of non-cashflow accretive Canadian assets with royalty retained
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