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Red Mountain Mining Secures $0.65M to Fast-Track Antimony-Gold Exploration
9:57am on Tuesday 1st of July, 2025 AEST
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Mining
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Red Mountain Mining Secures $0.65M to Fast-Track Antimony-Gold Exploration
9:57am on Tuesday 1st of July, 2025 AEST
Key Points
Placement raises $0.65 million at 0.85 cents per share
Strong backing from strategic investors linked to Larvotto Resources
Funds to accelerate Q3 and Q4 exploration at Armidale, Kiabye, and Fry Lake projects
Approximately 76.5 million new shares to be issued with attaching options pending shareholder approval
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Red Mountain Mining (ASX:RMX)
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