Red Mountain Mining Ltd (AU:RMX) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Red Mountain Mining Ltd is offering a Share Purchase Plan to raise up to $1.16 million, allowing eligible shareholders to purchase new shares at a 20% discount. The raised funds will be used to accelerate exploration activities at the Fry Lake and Kiabye Gold Projects. This initiative offers shareholders a chance to invest further without incurring additional costs.
For further insights into AU:RMX stock, check out TipRanks’ Stock Analysis page.