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Redstone Resources Limited ( (AU:RDS) ) has provided an announcement.
Redstone Resources Limited has issued 10,000,002 fully paid ordinary shares to related parties at $0.0045 per share, raising $45,000. The funds will be used to advance the West Musgrave Project and for general working capital, reflecting the company’s ongoing commitment to its core project and operational needs.
More about Redstone Resources Limited
Redstone Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in advancing its 100% owned West Musgrave Project.
Current Market Cap: A$5.17M
For an in-depth examination of RDS stock, go to TipRanks’ Overview page.