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Redcastle Resources Issues New Shares Under Corporations Act

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Redcastle Resources Issues New Shares Under Corporations Act

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Redcastle Resources Limited ( (AU:RC1) ) has provided an announcement.

Redcastle Resources Limited has issued new shares without disclosure to investors, in accordance with Section 708A(5) of the Corporations Act. The company has confirmed compliance with relevant provisions of the Corporations Act and stated that there is no excluded information required to be disclosed. This move is part of the company’s ongoing operational strategies, potentially impacting its market positioning by increasing capital without the need for extensive disclosure.

More about Redcastle Resources Limited

Average Trading Volume: 5,431,399

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$6.69M

For a thorough assessment of RC1 stock, go to TipRanks’ Stock Analysis page.

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