Resouro Gold Inc. (TSE:RSM) has released an update.
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Resouro Strategic Metals Inc. has announced the opening of its initial public offering (IPO) on the Australian Securities Exchange, aiming to raise AUD$8.0 million by offering 16 million CHESS Depository Interests at AUD$0.50 each. The offer, which closes on May 23, will support the development of the company’s Titanium, Rare Earths, and Gold Projects, and enhance its working capital. Resouro’s successful listing will enable trading on multiple international exchanges, offering investors greater liquidity and access.
For further insights into TSE:RSM stock, check out TipRanks’ Stock Analysis page.