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Mount Ridley Mines Launches $830K Capital Raise with New Options Incentive
9:37am on Friday 15th of August, 2025 AEST
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Mining
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Mount Ridley Mines Launches $830K Capital Raise with New Options Incentive
9:37am on Friday 15th of August, 2025 AEST
Key Points
Capital raising up to $830,388 via placement and entitlement offer
Placement priced at $0.002 per share with attaching options exercisable at $0.01
Rights issue offers one new share per three held, plus free attaching options
Funds targeted for advancing current work programs and new project reviews
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Mount Ridley Mines (ASX:MRD)
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