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Redstone Resources Issues 54 Million Unquoted Long-Dated Options

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Redstone Resources Issues 54 Million Unquoted Long-Dated Options

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The latest announcement is out from Redstone Resources Limited ( (AU:RDS) ).

Redstone Resources Limited has notified the ASX of the issue of 54 million unquoted options, exercisable at A$0.00435 each on or before 20 November 2030. The large grant of long-dated, unquoted options expands the company’s equity-based instruments and may influence future capital structure and dilution dynamics for existing shareholders if the options are exercised.

More about Redstone Resources Limited

Redstone Resources Limited is an Australian-listed company (ASX: RDS). The announcement does not specify its industry, core products or services, or market focus.

Current Market Cap: A$3.07M

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

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