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QX Resources Acquires Madaba Uranium Project, Eyes Major Growth in Tanzania

11:34pm on Friday 29th of August, 2025 AEST Mining
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QX Resources Acquires Madaba Uranium Project, Eyes Major Growth in Tanzania

11:34pm on Friday 29th of August, 2025 AEST
Key Points
  • Acquisition of Madaba Uranium Project for approximately A$800,000
  • Historical drilling shows multiple high-grade uranium intercepts
  • Capital raising of $2.3 million via placement and fully underwritten rights issue
  • Appointment of uranium expert Russell Bradford to the board
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