tiprankstipranks
Trending News
More News >

Resource Base Limited Announces Results of Loyalty Option Entitlement Offer

Story Highlights
  • Resource Base Limited raised $45,301.97 from its Loyalty Option Entitlement Offer.
  • The company plans to address the shortfall of 13,695,465 options as outlined in the prospectus.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Resource Base Limited ( (AU:RBX) ) has shared an announcement.

Resource Base Limited announced the results of its Loyalty Option Entitlement Offer, which allowed shareholders to purchase one Loyalty option for every four shares held. The offer resulted in the acceptance of 15,100,575 Loyalty Options, raising $45,301.97, with a shortfall of 13,695,465 options. The company plans to place the shortfall options as per the prospectus, with allotment and issuance of new options completed and holding statements to be dispatched shortly.

More about Resource Base Limited

Resource Base Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is based in Perth, Australia, and is listed on the Australian Securities Exchange under the ticker RBX.

YTD Price Performance: -17.50%

Average Trading Volume: 104,801

Technical Sentiment Signal: Buy

Current Market Cap: A$3.8M

See more data about RBX stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App