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The latest announcement is out from Rhyolite Resources ( (TSE:RYE) ).
Rhyolite Resources Ltd., a company listed on the TSX Venture Exchange under the ticker RYE, has announced the cancellation of its previously planned non-brokered private placement. This placement was intended to issue up to 25 million shares at $0.15 per share, aiming to raise $3.75 million. The cancellation of this fundraising effort may impact the company’s financial strategy and could influence investor sentiment.
More about Rhyolite Resources
YTD Price Performance: 92.77%
Average Trading Volume: 211,703
Technical Sentiment Signal: Sell
Current Market Cap: C$17.15M
For detailed information about RYE stock, go to TipRanks’ Stock Analysis page.