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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
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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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Rox Resources (ASX:RXL)
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