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PolarX prepares for immediate drilling at Zackly after raising $2.5 mln

PolarX Limited (ASX:PXX) CEO Frazer Tabeart tells Proactive Investors the company has received commitments to raise about AUD $2.5 million from existing major shareholders and new investors via the issue of shares at AUD $0.10 each.

The funds will be used for exploration and development activities at the Alaska Range Project in Alaska, US, including resource extension drilling at the Zackly deposit.

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