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Resource Mining Corporation Limited ( (AU:RMI) ) has issued an announcement.
Resource Minerals International Ltd, listed on the ASX under the code RMI, has issued 42,320,000 fully paid ordinary shares at $0.025 per share using its existing placement capacity under ASX Listing Rules 7.1 and 7.1A. The company confirmed that the shares were issued without a prospectus under the Corporations Act disclosure exemptions, that it remains compliant with its financial reporting and continuous disclosure obligations, and that there is no undisclosed price-sensitive information, signalling a standard capital-raising move intended to support its activities without altering its regulatory standing.
More about Resource Mining Corporation Limited
Average Trading Volume: 1,414,637
Technical Sentiment Signal: Buy
Current Market Cap: A$21.05M
Learn more about RMI stock on TipRanks’ Stock Analysis page.