Resolution Minerals Ltd. (AU:RML) has released an update.
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Resolution Minerals Ltd has raised $300,000 through a share placement to sophisticated investors, with plans to use the funds for exploration projects and business development. The placement includes an option for investors to acquire additional shares at a future date, pending shareholder approval. Oakley Capital Partners facilitated the arrangement and will receive a fee in shares and options.
For further insights into AU:RML stock, check out TipRanks’ Stock Analysis page.