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Rimfire Pacific Mining Limited ( (AU:RIM) ) just unveiled an announcement.
Rimfire Pacific Mining Limited addressed concerns raised on social media regarding its recent capital raising efforts. The company confirmed the issuance of 199,000,002 Ordinary Shares following the receipt of $2,985,000 in cleared funds, with an additional 34,333,333 shares pending issuance upon receipt of $515,000, subject to shareholder approval in September 2025. This announcement clarifies the company’s financial position and supports its ongoing operations, potentially reassuring stakeholders about its capital management strategy.
More about Rimfire Pacific Mining Limited
Rimfire Pacific Mining Limited operates in the mining industry, focusing on exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) under the ticker RIM.
Average Trading Volume: 2,100,867
Technical Sentiment Signal: Sell
Current Market Cap: A$32.7M
Learn more about RIM stock on TipRanks’ Stock Analysis page.