Armada Metals Ltd. (AU:RLL) has released an update.
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Rapid Lithium Limited is launching a partially underwritten entitlement offer to raise approximately $2 million, providing eligible shareholders the opportunity to buy new shares at $0.004 each. The offer includes 1.5 free attaching options per new share and additional options for brokers. This initiative aims to strengthen Rapid Lithium’s market presence, with shares and options set for ASX quotation.
For further insights into AU:RLL stock, check out TipRanks’ Stock Analysis page.