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Rumble Resources Limited ( (AU:RTR) ) has issued an update.
Rumble Resources Limited has announced a proposed issue of 12,018,080 fully paid ordinary securities, set to be issued on May 15, 2025. This move is part of a placement or other type of issue, and the company has applied for these securities to be quoted on the ASX. The issuance is expected to support the company’s ongoing exploration and development activities, potentially enhancing its market positioning and providing additional resources for its projects.
More about Rumble Resources Limited
Rumble Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily targets base and precious metals, aiming to identify and develop economically viable mining projects.
Average Trading Volume: 1,141,478
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$25.35M
For an in-depth examination of RTR stock, go to TipRanks’ Stock Analysis page.