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Red Mountain Mining Prepares for Capital Raise

Red Mountain Mining Prepares for Capital Raise

Red Mountain Mining Ltd (AU:RMX) has released an update.

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Red Mountain Mining Limited (RMX) has requested a trading halt on the ASX starting from 1 August 2024 to prepare for a capital raising event. The halt is anticipated to last until the beginning of trading on 5 August 2024 or until the company makes a further announcement. The company has confirmed that there are no undisclosed reasons that would affect the granting of the halt.

For further insights into AU:RMX stock, check out TipRanks’ Stock Analysis page.

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