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Redcastle Resources Seeks ASX Quotation for 33.3 Million New Options

Story Highlights
  • Redcastle Resources has applied to list 33,255,579 new options on the ASX.
  • The new options, priced at $0.15 and expiring in October 2028, expand the firm’s capital structure and future funding flexibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Redcastle Resources Seeks ASX Quotation for 33.3 Million New Options

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

Redcastle Resources Limited, listed on the ASX under code RC1, has applied for quotation of a new class of options, expanding its listed securities on the Australian market. The company has lodged an application with the ASX to quote 33,255,579 new options, exercisable at $0.15 and expiring on 7 October 2028, a move that broadens its capital structure and provides potential future equity funding pathways for the business and its investors.

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

Average Trading Volume: 484,032

Technical Sentiment Signal: Buy

Current Market Cap: A$17.33M

For detailed information about RC1 stock, go to TipRanks’ Stock Analysis page.

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