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Rincon Resources Issues 23 Million Shares Under Trading Exemption

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Rincon Resources Issues 23 Million Shares Under Trading Exemption

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An announcement from Rincon Resources Ltd. ( (AU:RCR) ) is now available.

Rincon Resources Limited has announced the issuance and allotment of 23,000,000 fully paid ordinary shares. This move is facilitated by a secondary trading exemption under the Corporations Act 2001, allowing the shares to be sold without disclosure. The company confirms compliance with relevant legal provisions and asserts that no additional information is required for investors to make informed assessments about the company’s financial position or the rights attached to the shares.

More about Rincon Resources Ltd.

Average Trading Volume: 889,616

Technical Sentiment Signal: Sell

Current Market Cap: A$4.1M

For a thorough assessment of RCR stock, go to TipRanks’ Stock Analysis page.

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