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Rox Resources Secures A$40M to Fast-Track Youanmi Gold Project Development

3:23am on Monday 2nd of June, 2025 AEST Mining
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Rox Resources Secures A$40M to Fast-Track Youanmi Gold Project Development

3:23am on Monday 2nd of June, 2025 AEST
Key Points
  • A$40 million placement to domestic and international institutional investors
  • Proforma cash position of A$57.1 million post-placement
  • Funds allocated to underground development, infrastructure, and process plant design
  • Placement conducted in two tranches, second tranche subject to shareholder approval
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