Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Investing

Successful Heavily Supported Placement to Raise $25.1 Million

by Invest Daily Pro
September 18, 2025
in Investing
0
Successful Heavily Supported Placement to Raise $25.1 Million
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Resolution Minerals Ltd (RML or Company) (ASX: RML) is pleased to announce it has received firm commitments for a placement of fully paid ordinary shares in the Company (Shares) to sophisticated investors to raise a total of $25.1 million (before costs) at an issue price of $ 0.05 per Share (Placement).

Highlights

  • Commitments received for a successful placement of $25.1 million at $0.05 per share
  • Placement supported by a range of high net worth and global institutions including John Hancock’s Family Office, Astrotricha Capital SEZC and S3 Consortium (Stocks Digital), as well as director participation of $200,000
  • The placement has institutionalised the Company’s register, including $7.75m cornerstoned by high-calibre, supportive and value-add local and international investor groups
  • RML’s medium term work programs and working capital requirements are now fully funded
  • RML balance sheet strengthened ahead of the proposed NASDAQ listing
  • RML is aiming to become a major player in the US critical minerals space and is aiming to meet the needs of the current White House Administration’s and the Department of War’s critical mineral US national security supply requirements

Of the total $25.1 million placement funds, $18,400,000 (Tranche 1) will be settled on or around 26 September 2025, and the remaining $6,700,000 (Tranche 2) (total of $25.1 million) is anticipated to settle within approximately 60 days, and following the next shareholder meeting.

Subject to receipt of shareholder approval in a general meeting (anticipated mid November 2025), participants in the Placement will also be issued one (1) option for every two (2) Shares issued under the Placement, for no additional consideration. The Options will have an exercise price of $0.10 per Share and expire on 30 November 2029 – key terms included in this announcement (Option). The Options will be listed, subject to ASX listing requirements being met.

The Placement will be conducted via two (2) tranches, as follows:

(a) Tranche 1: 422,000,000 Shares as follows:

(i) 150,000,000 Shares will be issued under the Company’s existing pre-approved placement capacity that was approved by shareholders at the general meeting held on 25 July 2025; and

(ii) 272,000,000 Shares will otherwise be issued under the Company’s Listing Rule 7.1 & 7.1A capacity (146,542,986 Shares under Listing Rule 7.1 and 125,457,014 Shares under Listing Rule 7.1A); and

(b) Tranche 2: subject to shareholder approval under Listing Rule 7.1, via the issue of 80,000,000 Shares and up to 251,000,000 attaching Options (subject to rounding).

Click here for the full ASX Release

This post appeared first on investingnews.com

ShareTweetPin

Related Posts

5 Best-performing Canadian Uranium Stocks of 2025
Investing

5 Best-performing Canadian Uranium Stocks of 2025

October 29, 2025
Metals Focus: Bullish on Platinum, Bearish on Palladium in 2026
Investing

Metals Focus: Bullish on Platinum, Bearish on Palladium in 2026

October 29, 2025
Metals Focus: Gold to Average US$4,560 in 2026 on Unpredictable US Trade Policy, Potential Stagflation
Investing

Metals Focus: Gold to Average US$4,560 in 2026 on Unpredictable US Trade Policy, Potential Stagflation

October 28, 2025
Cobalt Market Update: Q3 2025 in Review
Investing

Cobalt Market Update: Q3 2025 in Review

October 27, 2025
Questcorp Mining Closes First Tranche of Private Placement
Investing

Questcorp Mining Closes First Tranche of Private Placement

October 27, 2025
Ed Steer: Silver Rally Now Unstoppable, Price to Hit Triple Digits
Investing

Ed Steer: Silver Rally Now Unstoppable, Price to Hit Triple Digits

October 25, 2025
Next Post
Crypto Market Update: Fed Cuts Rates, Bitcoin Price Reacts

Crypto Market Update: Fed Cuts Rates, Bitcoin Price Reacts

Recommended

Smart directed to explain, fix service issues

Smart directed to explain, fix service issues

September 19, 2024
PHL slumps to near bottom of global talent index

PHL slumps to near bottom of global talent index

September 19, 2024
BSP sees room to keep rates steady

BSP sees room to keep rates steady

August 5, 2024
Cryptopayments: The Perfect Payment Solution for High-Risk Businesses

Cryptopayments: The Perfect Payment Solution for High-Risk Businesses

December 23, 2024
Villegas assured of boxing bronze

Villegas assured of boxing bronze

August 4, 2024
BSP rate cuts to boost consumption, spur business expansion — Metrobank

BSP rate cuts to boost consumption, spur business expansion — Metrobank

October 23, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 InvestDailyPro. All Rights Reserved.

    Disclaimer: InvestDailyPro.com, its managers, its employees, and assigns (collectively InvestDailyPro ) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    No Result
    View All Result
    • About us
    • Contact us
    • Home
    • Privacy Policy
    • Suspicious engagement
    • Terms & Conditions
    • Thank you

    Copyright © 2025 investdailypro.com | All Rights Reserved