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Resource Mining Corporation Limited ( (AU:RMI) ) has provided an update.
Resource Mining Corporation Limited has secured a funding agreement with RiverFort Global Capital Ltd for up to A$5 million to advance its gold and copper exploration activities. This funding will support ongoing projects in Tanzania and a new joint venture in Saudi Arabia, enhancing the company’s ability to capitalize on its mineral assets and maintain operations, which is crucial for its strategic growth and shareholder value.
More about Resource Mining Corporation Limited
Resource Mining Corporation Limited (ASX:RMI) is a company focused on mineral development, aiming to deliver consistent shareholder value while operating sustainably. The company is actively exploring for critical minerals such as copper and nickel in Tanzania and lithium in Finland.
Average Trading Volume: 4,473,271
Technical Sentiment Signal: Hold
Current Market Cap: A$13.95M
See more insights into RMI stock on TipRanks’ Stock Analysis page.