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Resolution Minerals Ltd. ( (AU:RML) ) has issued an update.
Resolution Minerals Ltd, a company listed on the Australian Securities Exchange (ASX) under the ticker RML, has responded to a price query from the ASX regarding a recent announcement. The company disclosed that it is raising $2 million through a placement with Tribeca Investment Partners, involving the issuance of 25 million shares and, subject to shareholder approval, 25 million options. This financial move is expected to have a material effect on the price or value of its securities. Resolution Minerals confirmed compliance with ASX Listing Rules and stated that the board authorized the disclosure.
More about Resolution Minerals Ltd.
Average Trading Volume: 47,362,585
Technical Sentiment Signal: Hold
Current Market Cap: A$151.6M
For a thorough assessment of RML stock, go to TipRanks’ Stock Analysis page.