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Riedel Resources Initiates Trading Halt Ahead of Major Capital Raising Announcement

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Riedel Resources Initiates Trading Halt Ahead of Major Capital Raising Announcement

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Riedel Resources Limited ( (AU:RIE) ) has provided an announcement.

Riedel Resources Limited, a company listed on the Australian Securities Exchange (ASX: RIE), has requested a trading halt on its securities. This halt is in anticipation of a significant announcement related to a material capital raising. The trading halt is intended to help the company manage its continuous disclosure obligations and will remain in place until the announcement is made or until normal trading resumes on June 20, 2025. This move signals a potentially impactful financial development for the company and its stakeholders.

More about Riedel Resources Limited

Average Trading Volume: 99,220

Technical Sentiment Signal: Sell

Current Market Cap: A$1.5M

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

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