** Shares of QX Resources QXR.AX up 50% at A$0.006, their highest level since October 31, 2024

** QXR signs binding tenement sale agreements to acquire Madaba Uranium Project in Southern Tanzania

** Speciality miner receives a firm commitment to raise A$1.5 million ($974,700.00)via placement at an issue price of 0.4 AU cents

** Co to raise additional A$818,000 via non-renounceable entitlement offer

** About 8.6 mln shares traded, 6.7x the 30-day average

** Stock's YTD gains at 50%

($1 = 1.5389 Australian dollars)

(Reporting by Ananya Verma in Bengaluru)

((ananya.verma@thomsonreuters.com;))