Riedel Resources Limited (AU:RIE) has released an update.
Riedel Resources Limited is set to expand its financial horizons with the proposed issuance of a staggering 72 million securities under a new class code, anticipated to take place on June 30, 2025. This strategic move, announced on July 31, 2024, is designed to bolster the company’s capital via a placement or other type of issue, pending approval from ASX for quoting the securities.
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