Red Mountain Mining Ltd (AU:RMX) has released an update.
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Red Mountain Mining Ltd is launching a Share Purchase Plan allowing eligible shareholders in Australia and New Zealand to buy shares at a discounted price of $0.01, aiming to raise up to $1,160,000. Participants can invest between $2,000 and $30,000 without incurring additional transaction costs. The funds will be used to accelerate exploration projects and for working capital.
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