Rox Resources Debt Package a Big Step Toward Production -- Market Talk
Dow Jones
Mar 09
0041 GMT - Rox Resources' announcement of A$350 million in committed debt facilities marks "a major step toward production," says Canaccord Genuity. The funding package means the Youanmi gold project in Western Australia is now fully financed ahead of a final investment decision expected later this month, the broker says. Canaccord Genuity keeps a speculative buy recommendation and A$1.15 price target on Rox. The stock is down 3.9% at A$0.50. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)
(END) Dow Jones Newswires
March 08, 2026 20:41 ET (00:41 GMT)
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