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Riedel Resources Issues Unlisted Options to Strengthen Capital Structure

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Riedel Resources Issues Unlisted Options to Strengthen Capital Structure

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An announcement from Riedel Resources Limited ( (AU:RIE) ) is now available.

Riedel Resources Limited has announced the issuance of 13,394,000 unlisted options, exercisable at $0.06 on or before August 22, 2028. This move is part of a previously announced transaction and is not intended to be quoted on the ASX, reflecting the company’s strategic financial maneuvers to potentially enhance its capital structure.

More about Riedel Resources Limited

Average Trading Volume: 152,448

Technical Sentiment Signal: Sell

Current Market Cap: A$2.56M

Learn more about RIE stock on TipRanks’ Stock Analysis page.

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