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The latest announcement is out from Rimfire Pacific Mining Limited ( (AU:RIM) ).
Rimfire Pacific Mining Limited has announced a proposed issue of securities, which includes 72,000,000 unlisted options and 17,650,000 additional unlisted options, along with 72,000,000 ordinary fully paid shares. This strategic move is aimed at raising capital to support the company’s ongoing exploration and development projects, potentially strengthening its position in the mining sector and offering new opportunities for stakeholders.
More about Rimfire Pacific Mining Limited
Rimfire Pacific Mining Limited operates in the mining industry, focusing on exploration and development of mineral resources. The company primarily engages in the discovery and development of gold, copper, and other valuable minerals, aiming to enhance its market presence and shareholder value.
YTD Price Performance: -25.00%
Average Trading Volume: 1,131,034
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$71.89M
See more insights into RIM stock on TipRanks’ Stock Analysis page.
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