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<WIRE> Australia's Adx Energy (ASX:ADX) Soars as Quarterly Oil and Gas Production Rises

Shares of Adx Energy climb as much as 14.3% to A$0.008, on track for best day since July 7.

Oil and gas producer says combined oil and gas production rate averaged 317 barrels of oil equivalent per day during June quarter, 8% increase compared to the previous quarter.

Says production in Austrian well also increased by 8%.

Stock hits highest level since July 12.

Adx Energy is a non-gold precious metals & minerals company.





<WIRE> Australia's Silver Lake slumps as it idles Canada project

Gold-copper miner Silver Lake Resources (ASX:SLR) slumps 24.2% to A$0.845, hitting lowest level since October 2019.

The company says it will pivot its Sugar Zone project in Canada to an investment in drilling data in FY24.

Mining and processing activities at Sugar Zone will be ‘idled’ in FY24.

FY24 Australian ops sales guidance is between 210 and 230 thousand ounces, compared with 221.7 koz in FY23 from Mount Monger and Deflector ops.




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