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An announcement from Redstone Resources Limited ( (AU:RDS) ) is now available.
Redstone Resources Limited has announced a proposed issue of securities, which includes the issuance of 66,666,667 unlisted options exercisable at $0.01 for two years and 133,333,334 ordinary fully paid shares. This move is part of a placement or other type of issue aimed at raising capital, potentially impacting the company’s financial standing and market operations.
More about Redstone Resources Limited
Redstone Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with the discovery and extraction of valuable minerals, positioning itself within the resource sector.
Current Market Cap: A$6.48M
See more data about RDS stock on TipRanks’ Stock Analysis page.