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The latest announcement is out from Rumble Resources Limited ( (AU:RTR) ).
Rumble Resources Limited has announced a pro-rata non-renounceable entitlement offer to raise approximately $2 million. This offer allows eligible shareholders to purchase one new share for every twelve shares they hold, at a price of $0.025 per share. The initiative is aimed at enhancing the company’s financial position and supporting its ongoing operations. The entitlement offer is available to shareholders in Australia, New Zealand, Mauritius, and Singapore, with the closing date set for September 26, 2025. This move is expected to strengthen Rumble Resources’ capital base and potentially improve its market standing.
More about Rumble Resources Limited
Rumble Resources Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in identifying and developing base and precious metal deposits, with a market focus on regions such as Australia, New Zealand, Mauritius, and Singapore.
Average Trading Volume: 2,044,020
Technical Sentiment Signal: Sell
Current Market Cap: A$38.12M
For a thorough assessment of RTR stock, go to TipRanks’ Stock Analysis page.