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Riedel Resources Expands Share Issuance in Strategic Financial Move

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Riedel Resources Expands Share Issuance in Strategic Financial Move

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Riedel Resources Limited ( (AU:RIE) ) has issued an update.

Riedel Resources Limited has issued over 56 million fully paid ordinary shares as part of a two-tranche placement and the conversion of convertible notes. This move is part of the company’s strategic financial activities to support its operations, with compliance to relevant corporate regulations, indicating a stable regulatory standing.

More about Riedel Resources Limited

Riedel Resources Limited is an emerging mineral exploration company focused on advancing the historic high-grade Kingman Gold Project in north-west Arizona, USA.

Average Trading Volume: 152,448

Technical Sentiment Signal: Sell

Current Market Cap: A$2.56M

See more data about RIE stock on TipRanks’ Stock Analysis page.

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