tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Riedel Resources Announces Pro Rata Issue of Securities

Story Highlights
Riedel Resources Announces Pro Rata Issue of Securities

TipRanks Black Friday Sale

Riedel Resources Limited ( (AU:RIE) ) just unveiled an announcement.

Riedel Resources Limited has announced a proposed non-renounceable pro rata issue of securities, with a maximum of 71,328,069 ordinary fully paid shares to be issued. The ex-date for this issue is set for November 28, 2025, with the record date on December 1, 2025, and the offer closing on December 15, 2025. This move is part of the company’s strategy to raise capital and potentially enhance its market position.

More about Riedel Resources Limited

Average Trading Volume: 280,629

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$4.85M

For an in-depth examination of RIE stock, go to TipRanks’ Overview 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