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Why Is Red Mountain Mining Raising $193K Through RMXO Options Now?
9:48am on Thursday 14th of August, 2025 AEST
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Mining
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Why Is Red Mountain Mining Raising $193K Through RMXO Options Now?
9:48am on Thursday 14th of August, 2025 AEST
Key Points
Pro-rata non-renounceable entitlement issue of RMXO Options
Offer price set at $0.001 per option with exercise price of $0.02
Potential to raise approximately $193,499 for working capital
Offer excludes shareholders outside Australia and New Zealand
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