Raiden Resources Plans Major Securities Issuance

Raiden Resources Limited (AU:RDN) has released an update.

Raiden Resources Limited has announced a new securities issuance, proposing to issue up to 20 million unlisted options and 312.5 million ordinary shares, with the issue expected to occur on October 17, 2024. This move aims to raise capital through a placement or other types of issues, as detailed in the company’s recent submission to the ASX.

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