Armada Metals Ltd. (AU:RLL) has released an update.
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Rapid Lithium Ltd. is launching a non-renounceable entitlement offer to raise up to $2 million by offering existing shareholders in Australia and New Zealand the chance to subscribe for new shares. Eligible shareholders can purchase one new share for every 1.46 shares they hold, priced at $0.004 per share, along with options for additional shares. This strategic move aims to strengthen the company’s financial position and expand its growth prospects.
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