Rincon Resources Ltd. (AU:RCR) has released an update.
Rincon Resources Ltd. has announced the issuance of 32 million new unquoted options, expiring in August 2026 and 2027 respectively, with an exercise price of $0.15 each. These securities are part of a transaction previously communicated to the market and will not be quoted on the ASX. This strategic move, dated August 13, 2024, could indicate Rincon’s plans for capital raising or incentivizing stakeholders.
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