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An announcement from Rimfire Pacific Mining Limited ( (AU:RIM) ) is now available.
Rimfire Pacific Mining Limited announced the issuance of 46 million ordinary fully paid shares, following the cancellation of unexercised options. This move, underwritten by a previous agreement, reflects the company’s strategic efforts to manage its securities and capital structure, potentially impacting its financial stability and market positioning.
More about Rimfire Pacific Mining Limited
Rimfire Pacific Mining Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in identifying and developing potential mining sites, with a market focus on expanding its portfolio of mining assets.
YTD Price Performance: -30.0%
Average Trading Volume: 1,768,559
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$62.3M
For detailed information about RIM stock, go to TipRanks’ Stock Analysis page.