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An update from Redcastle Resources Limited ( (AU:RC1) ) is now available.
Redcastle Resources Limited has invited eligible shareholders to participate in a non-renounceable pro-rata 1-for-8 loyalty option entitlement offer, priced at $0.01 per option, to raise up to approximately $149,406 before costs. The options, which have an exercise price of $0.15 and expire on 7 October 2028, are available to shareholders on the register as at 16 December 2025, with an additional shortfall facility allowing applications for any unsubscribed options, and the offer is being conducted primarily via electronic access through Automic’s investor portal, with a closing date of 2 January 2026, reflecting the company’s push toward digital communication and modest capital raising from its existing investor base.
More about Redcastle Resources Limited
Average Trading Volume: 303,042
Technical Sentiment Signal: Sell
Current Market Cap: A$10.52M
See more insights into RC1 stock on TipRanks’ Stock Analysis page.