Rimfire Pacific Mining Announces Proposed Securities Issue

Rimfire Pacific Mining Limited ( (AU:RIM) ) just unveiled an announcement.

Rimfire Pacific Mining Limited has announced a proposed issue of 8,000,000 unlisted options and 8,000,000 ordinary fully paid securities. This strategic move is aimed at raising capital to support the company’s ongoing exploration and development projects, potentially enhancing its market position and providing growth opportunities for stakeholders.

More about Rimfire Pacific Mining Limited

Rimfire Pacific Mining Limited operates in the mining industry, focusing on exploration and development of mineral resources. The company primarily deals with the discovery and extraction of valuable minerals, positioning itself in the market as a key player in mineral exploration.

YTD Price Performance: -25.00%

Average Trading Volume: 1,131,034

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$71.89M

For detailed information about RIM stock, go to TipRanks’ Stock Analysis page.