TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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.