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Resolution Minerals Ltd. ( (AU:RML) ) has issued an announcement.
Resolution Minerals Ltd has successfully raised $25.1 million through a heavily supported placement, attracting high net worth and global institutional investors. This funding will fully support RML’s medium-term work programs and strengthen its balance sheet ahead of a proposed NASDAQ listing. The company plans to use the funds for critical mineral processing initiatives, ongoing drilling at the Horse Heaven Project, and acquiring additional strategic assets, positioning itself as a key player in the U.S. critical minerals market.
More about Resolution Minerals Ltd.
Resolution Minerals Ltd (RML) is a company operating in the mining industry, focusing on critical minerals. The company aims to become a significant player in the U.S. critical minerals space, aligning with national security supply requirements.
Average Trading Volume: 22,144,922
Technical Sentiment Signal: Sell
Current Market Cap: A$75.27M
See more insights into RML stock on TipRanks’ Stock Analysis page.