Rox Resources (ASX:RXL) acquired gold put options covering 40,400 ounces of the fiscal 2028 production forecast at the Youanmi Gold project in Western Australia for an upfront premium of AU$9.7 million, according to a Monday filing with the Australian bourse.
The options have a strike price of about AU$5,700 per ounce, the filing said.
Shares of the company rose past 2% in recent Monday trade.