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Rapid Lithium Announces Significant Security Issuance
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Rapid Lithium Announces Significant Security Issuance

Armada Metals Ltd. (AU:RLL) has released an update.

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Rapid Lithium Limited has announced a new proposed issue of securities, with plans to distribute up to 750 million options expiring in October 2027 and 500 million fully paid ordinary shares. This move is part of a non-renounceable pro rata issue slated for completion by early February 2025, potentially boosting investment opportunities in the lithium market.

For further insights into AU:RLL stock, check out TipRanks’ Stock Analysis page.

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