Red Mountain Mining Announces New Securities Issue
Company Announcements

Red Mountain Mining Announces New Securities Issue

Red Mountain Mining Ltd (AU:RMX) has released an update.

Red Mountain Mining Ltd has announced a securities purchase plan to issue up to 116 million fully paid ordinary shares. The offer began on October 30, 2024, and will close on November 20, 2024, with the issue date set for November 27, 2024. This move aims to raise capital and potentially enhance the company’s market position.

For further insights into AU:RMX stock, check out TipRanks’ Stock Analysis page.

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