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An announcement from Redstone Resources Limited ( (AU:RDS) ) is now available.
Redstone Resources Limited has notified the market of a new issue of unquoted equity securities, specifically placement options, as part of its capital management activities. The company will issue 61,904,770 unquoted placement options, exercisable at $0.007 within one year from the date of issue, a move that will expand its pool of potential future equity and may provide additional funding flexibility depending on the level of option exercise by investors.
More about Redstone Resources Limited
Current Market Cap: A$3.07M
For an in-depth examination of RDS stock, go to TipRanks’ Overview page.