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Redcastle Resources Limited ( (AU:RC1) ) has shared an update.
Redcastle Resources Limited has notified the market of the issue of 14,940,749 unquoted options, each exercisable at $0.15 and expiring on 7 October 2028. The new options, issued on 9 January 2026, expand the company’s unquoted equity base and may provide additional capital-raising potential in future if exercised, with implications for existing shareholders through possible dilution and for the company’s funding flexibility.
The most recent analyst rating on (AU:RC1) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Redcastle Resources Limited stock, see the AU:RC1 Stock Forecast page.
More about Redcastle Resources Limited
Redcastle Resources Limited, listed on the ASX under the code RC1, operates in the resources sector, though this announcement does not provide further detail on its specific commodities or projects.
Average Trading Volume: 449,983
Technical Sentiment Signal: Buy
Current Market Cap: A$15.54M
For a thorough assessment of RC1 stock, go to TipRanks’ Stock Analysis page.