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Rumble Resources Raises Nearly $2 Million Through Entitlement Offer

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Rumble Resources Raises Nearly $2 Million Through Entitlement Offer

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Rumble Resources Limited ( (AU:RTR) ) has provided an update.

Rumble Resources Limited announced the results of its non-renounceable pro-rata entitlement offer, which aimed to raise approximately $2 million. The offer, priced at A$0.025 per share, received applications for over $3.8 million, with a final issuance of 79,243,572 shares, raising nearly $2 million. This successful capital raising effort reflects strong shareholder support and positions Rumble Resources to further its exploration and development initiatives.

More about Rumble Resources Limited

Rumble Resources Limited is a company operating in the mining industry, primarily focused on resource exploration and development. The company is listed on the Australian Securities Exchange (ASX) under the ticker RTR and is headquartered in West Perth, Western Australia.

Average Trading Volume: 2,645,378

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$44.54M

Find detailed analytics on RTR stock on TipRanks’ Stock Analysis page.

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