An update from Resource Mining Corporation Limited ( (AU:RMI) ) is now available.
Resource Mining Corporation Limited has issued 13,057,930 fully paid ordinary shares at $0.004212 per share under its existing placement capacity. This move, compliant with the Corporations Act, indicates the company’s strategic efforts to leverage its ASX listing rules for capital raising, potentially impacting its financial flexibility and market positioning.
More about Resource Mining Corporation Limited
Resource Mining Corporation Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange under the ticker RMI.
Technical Sentiment Signal: Buy
Current Market Cap: A$3.26M
For an in-depth examination of RMI stock, go to TipRanks’ Stock Analysis page.