Resource Base Limited Announces Proposed Securities Issue

Resource Base Limited ( (AU:RBX) ) has shared an announcement.

Resource Base Limited has announced a proposed issue of securities, specifically unlisted options exercisable at $0.06 each within three years, totaling 28,796,121 options. This move is part of a standard non-renounceable pro rata issue, with key dates including an ex-date of February 27, 2025, and an issue date of March 26, 2025. The issuance aims to strengthen the company’s financial position and support its ongoing projects, potentially impacting its market standing and providing opportunities for stakeholders.

More about Resource Base Limited

Resource Base Limited operates in the resource industry, focusing on the exploration and development of mineral resources. The company is involved in identifying and advancing projects that have the potential for significant resource development.

YTD Price Performance: -13.89%

Average Trading Volume: 89,162

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$3.57M

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