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Rimfire Pacific Mining Faces Arbitration Setback

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Rimfire Pacific Mining Faces Arbitration Setback

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Rimfire Pacific Mining Limited ( (AU:RIM) ) has shared an announcement.

Rimfire Pacific Mining Limited announced that it was unsuccessful in its arbitration with Golden Plains Resources Pty Ltd and is assessing the implications of this outcome. The company has halted trading to evaluate the situation and may consider a voluntary suspension to ensure compliance with listing rules, with further updates to be provided to the market in due course.

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 primarily engaged in identifying and developing mining projects, with a market focus on expanding its resource base and enhancing shareholder value.

Average Trading Volume: 2,032,242

Technical Sentiment Signal: Sell

Current Market Cap: A$55.57M

For a thorough assessment of RIM stock, go to TipRanks’ Stock Analysis page.

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