Armada Metals Ltd. (AU:RLL) has released an update.
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Rapid Lithium Ltd has announced a partially underwritten entitlement offer to accelerate its exploration activities in the USA, aiming to raise up to $2 million. Existing shareholders can purchase new shares at a significant discount and receive free attaching options as part of the offer. The funds will support ongoing exploration projects and potentially renegotiated acquisitions in the US asset portfolio.
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