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The latest update is out from Rhyolite Resources ( (TSE:RYE) ).
Rhyolite Resources Ltd. has announced a non-brokered private placement offering of up to 25,000,000 common shares at $0.15 per share, aiming to raise gross proceeds of up to $3,750,000. The offering is subject to TSX Venture Exchange approval, and insiders are expected to participate in up to 25% of the total offering, which may involve related party transactions under specific exemptions.
More about Rhyolite Resources
YTD Price Performance: 110.0%
Average Trading Volume: 246,795
Technical Sentiment Signal: Sell
Current Market Cap: C$18.01M
See more insights into RYE stock on TipRanks’ Stock Analysis page.