Armada Metals Ltd. (AU:RLL) has released an update.
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Rapid Lithium Limited has announced a proposed issuance of 173,333,334 new securities, including 40 million unlisted options and over 133 million ordinary fully paid shares. This move is part of a strategic placement set to take place on March 3, 2025, potentially expanding the company’s market reach. Investors keen on the lithium sector might find this development noteworthy as it could impact the company’s stock performance.
For further insights into AU:RLL stock, check out TipRanks’ Stock Analysis page.
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