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Rimfire Pacific Mining Limited ( (AU:RIM) ) has issued an announcement.
Rimfire Pacific Mining Limited has issued a Cleansing Prospectus to offer up to 10,000 shares at $0.02 each, aiming to raise $200. This prospectus is designed to remove trading restrictions on previously issued shares, facilitating smoother transactions in the market. The offer is available only to select invitees, and the shares are considered highly speculative. This move is part of the company’s strategy to enhance liquidity and transparency in its share dealings, potentially impacting its market positioning and stakeholder confidence.
More about Rimfire Pacific Mining Limited
Rimfire Pacific Mining Limited operates within the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the discovery and extraction of precious metals and other mineral deposits.
Average Trading Volume: 2,037,482
Technical Sentiment Signal: Sell
Current Market Cap: A$35.36M
For an in-depth examination of RIM stock, go to TipRanks’ Overview page.