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Riedel Resources Raises $1.3M to Advance Kingman Gold Project in Arizona

9:51am on Friday 20th of June, 2025 AEST Mining
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Riedel Resources Raises $1.3M to Advance Kingman Gold Project in Arizona

9:51am on Friday 20th of June, 2025 AEST
Key Points
  • Two-tranche placement to raise $1.0 million at $0.025 per share
  • Share Purchase Plan targeting up to $0.3 million from existing shareholders
  • Convertible notes conversion subject to shareholder approval
  • Funds earmarked for exploration and study at Kingman Gold Project
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