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The latest update is out from Resource Mining Corporation Limited ( (AU:RMI) ).
Resource Minerals International Ltd announced its intention to issue up to 40 million fully paid ordinary securities as part of a new placement. This proposed issuance, set to occur on December 24, 2025, highlights the company’s efforts to raise funds and strengthen its financial position, which may enhance its operational capacity and overall market competitiveness.
More about Resource Mining Corporation Limited
Resource Minerals International Ltd operates in the mining and resources industry, focusing on identifying, developing, and managing natural resource projects. The company aims to enhance its position in the market through strategic developments and placements.
Average Trading Volume: 1,346,975
Technical Sentiment Signal: Buy
Current Market Cap: A$22.67M
See more insights into RMI stock on TipRanks’ Stock Analysis page.