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Rincon Resources Ltd. ( (AU:RCR) ) has issued an announcement.
Rincon Resources Limited has announced a non-renounceable entitlement offer, allowing shareholders to purchase one option for every three shares held at a price of $0.001 per option, aiming to raise approximately $97,520. The offer is underwritten by Golden Triangle Capital Pty Ltd, and the options are considered highly speculative, indicating potential risks for investors.
More about Rincon Resources Ltd.
Average Trading Volume: 834,794
Technical Sentiment Signal: Hold
Current Market Cap: A$4.39M
For an in-depth examination of RCR stock, go to TipRanks’ Overview page.