Oxide was reported to be entering into a capital and business alliance with JX Advanced Metals, with 890,000 shares expected to be allocated to JX Advanced Metals. The report was distributed at 16:23 on 9 November.
As a fresh stock price catalyst, it was reported that Oxide would enter into a capital and business alliance with JX Advanced Metals. The specific contractual terms of the alliance between the two companies are not stated in the article, but the arrangement is expected to establish a cooperative framework through a capital relationship.
As part of the alliance, 890,000 shares are expected to be allocated to JX Advanced Metals by Oxide. The article does not specify details such as the basis for or proportion of the share allocation.
This information was distributed at 16:23 on 9 November and was presented as a report by Traders Web. The article does not discuss the market's response or any subsequent developments.