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An update from Riedel Resources Limited ( (AU:RIE) ) is now available.
Riedel Resources Limited has notified the market of the issue of 5 million unquoted options, exercisable at A$0.06 and expiring on 30 October 2028, under its ASX code RIEAJ. The options, which are part of a previously announced transaction and are not intended to be quoted on the ASX, represent a targeted capital management move that could provide future funding flexibility and potential dilution for existing shareholders if exercised.
More about Riedel Resources Limited
Average Trading Volume: 430,541
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$5.78M
Find detailed analytics on RIE stock on TipRanks’ Stock Analysis page.