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Rumble Resources Launches $2M Entitlement Offer to Fuel Western Queen Growth
8:27am on Tuesday 16th of September, 2025 AEST
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Mining
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Rumble Resources Launches $2M Entitlement Offer to Fuel Western Queen Growth
8:27am on Tuesday 16th of September, 2025 AEST
Key Points
Non-renounceable entitlement offer to raise approximately $2 million
Offer price set at $0.025 per new share with a 1-for-12 entitlement ratio
Follow-up to a $7 million placement to institutional and sophisticated investors
Funds allocated primarily to Western Queen gold drilling, tungsten metallurgical work, and general working capital
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Rumble Resources (ASX:RTR)
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