tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Resource Minerals Tweaks Placement Terms, Pays Portion of Fees in Shares

Story Highlights
Resource Minerals Tweaks Placement Terms, Pays Portion of Fees in Shares

Claim 70% Off TipRanks Premium

Resource Mining Corporation Limited ( (AU:RMI) ) just unveiled an update.

Resource Minerals International Ltd has updated its plans for a previously announced capital placement, advising the ASX that part of the consulting fees associated with the transaction will now be settled through the issue of shares rather than entirely in cash. The move, detailed in an updated Appendix 3B lodged on 22 December 2025, slightly alters the composition of the proposed securities issue, signalling the company’s willingness to use equity as a form of remuneration in connection with the placement and marginally increasing its issued capital base.

More about Resource Mining Corporation Limited

Average Trading Volume: 1,390,564

Technical Sentiment Signal: Buy

Current Market Cap: A$21.05M

For an in-depth examination of RMI stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1