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Rumble Resources Limited ( (AU:RTR) ) has shared an announcement.
Rumble Resources Limited has announced a $9.0 million capital raising initiative to advance its Western Queen project, comprising a $7.0 million institutional placement and a $2.0 million entitlement offer. This funding will support further drilling, mining studies, and pre-development work, positioning the company for potential production by the second half of 2026, pending necessary approvals and financing.
More about Rumble Resources Limited
Rumble Resources Limited is a mining company based in West Perth, Western Australia, focusing on the exploration and development of gold and tungsten projects, particularly the Western Queen project.
Average Trading Volume: 1,263,601
Technical Sentiment Signal: Sell
Current Market Cap: A$36.13M
See more data about RTR stock on TipRanks’ Stock Analysis page.