Break it Down: Rox’s $40M to kickstart Youanmi project

Stockhead’s Break it Down brings you today’s leading market news in under 90 seconds.

In this episode, host Tylah Tully looks at Rox Resources’ (ASX:RXL) recent share placement, where the company has raised a whopping $40 million.

The raise will increase the company’s cash position and support the start of the early underground development of the United North and Pollard declines.

Ultimately, Rox will seek to advance its Youanmi project towards production. 

Watch the video to hear the details.