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Rimfire Pacific Mining Issues 46 Million New Shares

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Rimfire Pacific Mining Issues 46 Million New Shares

Confident Investing Starts Here:

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.

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