Riversgold Ltd. (AU:RGL) has released an update.
Riversgold Ltd. is set to issue a significant number of new securities, with plans to release 80 million options exercisable at $0.01 each with a three-year term, an additional 24 million options with the same terms, and 94,448,273 fully paid ordinary shares. This strategic move, scheduled for 28th June 2024, aims to bolster the company’s financial structure and provide avenues for growth.
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