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Rimfire Pacific Mining Cancels Proposed Securities Issue

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Rimfire Pacific Mining Limited ( (AU:RIM) ) has provided an update.

Rimfire Pacific Mining Limited announced the cancellation of a previous securities issuance under a cleansing prospectus due to the offer closing without any shares being issued. This decision may impact the company’s capital raising strategies and market activities, as it indicates a shift in their approach to facilitating secondary trading.

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 is involved in identifying and developing mining projects, with a market focus on mineral exploration.

YTD Price Performance: -42.50%

Average Trading Volume: 1,867,613

Technical Sentiment Signal: Buy

Current Market Cap: A$60.43M

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

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