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Riedel Resources Unveils $300K Share Purchase Plan to Boost Kingsman Drilling

9:09am on Friday 27th of June, 2025 AEST Mining
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Riedel Resources Unveils $300K Share Purchase Plan to Boost Kingsman Drilling

9:09am on Friday 27th of June, 2025 AEST
Key Points
  • Share Purchase Plan open to eligible shareholders in Australia, New Zealand, and the UK
  • Issue price set at A$0.025 per share, a ~7.4% discount to recent trading price
  • Maximum subscription capped at A$30,000 per shareholder
  • Funds targeted for Kingsman Project drilling, investment opportunities, and working capital
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