R3D Resources Completes Half-Million Rights Issue

R3D Resources Limited (AU:R3D) has released an update.

R3D Resources Limited, recently renamed Tartana Minerals Limited, has successfully closed its Rights Issue, raising $500,000 with Breakaway Investment Group underwriting $0.5 million of the offer. The funds were contributed by both eligible shareholders and the underwriter, Breakaway Investment, which is directed by R3D’s own Managing Director, Dr. Stephen Bartrop. The company, a key player in Queensland’s mining sector for copper, gold, silver, and zinc, is advancing its various projects, with the most developed being the Tartana mining leases.

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