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Armada Metals Ltd. ( (AU:RCM) ) just unveiled an announcement.
Rapid Critical Metals Limited has issued a total of 5,009,198 fully paid ordinary shares, comprising 3,842,531 shares issued at a deemed price of $0.075 per share to settle unsecured convertible notes and 1,166,667 shares issued upon the exercise of options at specified strike prices. The company has confirmed that these shares were issued without a disclosure document under the Corporations Act and that it remains compliant with its continuous disclosure and financial reporting obligations, signalling an active approach to managing its capital structure and meeting regulatory requirements for secondary trading of its securities.
More about Armada Metals Ltd.
Rapid Critical Metals Limited is an ASX-listed company focused on critical metals, positioning itself within the resources and mining sector by raising capital and managing its equity structure to support exploration and development activities in this market.
Average Trading Volume: 6,997,292
Technical Sentiment Signal: Sell
Current Market Cap: A$87.92M
For an in-depth examination of RCM stock, go to TipRanks’ Overview page.