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Redstone Resources Limited ( (AU:RDS) ) has shared an announcement.
Redstone Resources Limited has announced a proposed issue of securities, including 61,904,762 unlisted options and 185,714,286 ordinary fully paid shares. This strategic move aims to raise capital, potentially enhancing the company’s operational capabilities and market position within the mining sector.
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 in the market as a resource exploration entity.
Current Market Cap: A$4.18M
Learn more about RDS stock on TipRanks’ Stock Analysis page.