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Armada Metals Ltd. ( (AU:RCM) ) has provided an update.
Rapid Critical Metals Limited announced the issuance of 133,333,334 ordinary shares following shareholder approval at its recent Annual General Meeting. This move is part of the company’s strategic efforts to enhance its financial standing and support its ongoing projects in the critical metals sector. The issuance was conducted without disclosure under specific provisions of the Corporations Act, and the company confirmed compliance with relevant legal requirements, indicating a transparent and regulated approach to its financial operations.
More about Armada Metals Ltd.
Rapid Critical Metals Limited operates in the critical metals industry, focusing on the exploration and development of essential minerals. The company is listed on the Australian Securities Exchange (ASX) and is involved in the issuance of ordinary shares to support its operations.
Technical Sentiment Signal: Sell
Current Market Cap: A$2.56M
See more data about RCM stock on TipRanks’ Stock Analysis page.