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Red Mountain Mining Ltd Initiates Trading Halt for Capital Raising

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An update from Red Mountain Mining Ltd ( (AU:RMX) ) is now available.

Red Mountain Mining Ltd has requested a trading halt on its securities as it plans to consider, plan, and execute a capital raising. The trading halt is expected to last until the commencement of trading on 2 May 2025 or until an earlier announcement is made, potentially impacting the company’s operations and market positioning.

More about Red Mountain Mining Ltd

Red Mountain Mining Ltd is an explorer of gold and battery metals based in Australia and Canada.

Average Trading Volume: 13,000

Technical Sentiment Signal: Buy

Current Market Cap: €2.1M

Learn more about RMX stock on TipRanks’ Stock Analysis page.

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