tiprankstipranks
Trending News
More News >

Rhyolite Resources Announces $3.75 Million Private Placement

Story Highlights
Rhyolite Resources Announces $3.75 Million Private Placement

Don’t Miss TipRanks’ Half-Year Sale

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.

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