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Rapid Critical Metals Expands with New Share Issuance for Silver Projects

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Rapid Critical Metals Expands with New Share Issuance for Silver Projects

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The latest announcement is out from Armada Metals Ltd. ( (AU:RCM) ).

Rapid Critical Metals Limited, a company listed on the Australian Securities Exchange (ASX), has issued 104,166,667 ordinary shares at a price of $0.024 each as part of its acquisition of the New South Wales silver projects. This move, approved by shareholders, signifies the company’s strategic expansion in the silver mining sector, potentially enhancing its market position and offering new opportunities for growth.

More about Armada Metals Ltd.

Average Trading Volume: 1,148,760

Technical Sentiment Signal: Sell

Current Market Cap: A$3.54M

For a thorough assessment of RCM stock, go to TipRanks’ Stock Analysis page.

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