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Rimfire Pacific Mining Requests Voluntary Suspension Amid Arbitration Outcome

Story Highlights
  • Rimfire Pacific Mining operates in the mining industry, focusing on mineral exploration.
  • The company seeks a voluntary suspension after losing arbitration with Golden Plains Resources.
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Rimfire Pacific Mining Requests Voluntary Suspension Amid Arbitration Outcome

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

Rimfire Pacific Mining Limited has requested a voluntary suspension of its securities from quotation on the ASX, pending an announcement. This decision follows an unsuccessful arbitration with Golden Plains Resources Pty Ltd, prompting the company to seek additional time to assess the implications and ensure compliance with listing rules.

More about Rimfire Pacific Mining Limited

Rimfire Pacific Mining Limited is a company operating 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: 2,050,026

Technical Sentiment Signal: Sell

Current Market Cap: A$60.62M

Learn more about RIM stock on TipRanks’ Stock Analysis page.

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