EUROPE

AuDAX seeks funds for Italian play

AUDAX Resources is raising $2 million through a placement of 22 million shares at 9c each to complete the acquisition of the Pantelleria permit offshore Italy.

This will allow AuDAX to start exploration of both Pantelleria and the adjacent Kerkouane permit in Tunisia. AuDAX added that previous exploration on Pantelleria had identified several leads and prospects,...

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