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Reward Minerals Limited ( (AU:RWD) ) has shared an announcement.
Reward Minerals Ltd has notified the ASX of a proposed issue of up to 150,000 ordinary fully paid shares under a placement or similar type of capital raising. The new securities, expected to be issued on 30 April 2026, will expand the company’s share base and provide additional funding flexibility for its operations and strategic initiatives, with potential dilution for existing shareholders depending on final terms.
More about Reward Minerals Limited
Reward Minerals Ltd is an Australian-listed resources company operating in the mining and minerals sector. The company’s ordinary fully paid shares trade on the ASX under the ticker RWD, and it regularly uses equity placements and similar capital market transactions to support its ongoing corporate and project activities.
Average Trading Volume: 43,908
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$12.35M
For a thorough assessment of RWD stock, go to TipRanks’ Stock Analysis page.