• World News
  • Politics
  • Stock
  • Investing
  • Editor’s Pick
Time And Sales Reporter
Investing

Successful Heavily Supported Placement to Raise $25.1 Million

by admin September 18, 2025
September 18, 2025

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

previous post
LimeWire acquires Fyre Festival, asking ‘What Could Possibly Go Wrong?’
next post
Gold Price Breaks US$3,700, Then Falls as Fed Cuts Rates

Related Posts

Apollo Silver Closes $26.78 Million Private Placement Offering

October 29, 2025

Patrick Tuohy: Gold’s Status Has Changed, Higher Price...

October 29, 2025

Metals Focus: Bullish on Platinum, Bearish on Palladium...

October 29, 2025

Rio Silver Receives Conditional Approval for $2.2M Private...

October 29, 2025

Walker Lane Resources Ltd. Announces An Aeromagnetic and...

October 28, 2025

Key Appointments to Advance Mandilla Gold Project

October 28, 2025







    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.




    Recent Posts

    • Everything you need to know about Election Day 2025: Critical elections, ballot measures and more

      October 29, 2025
    • Trump dangles ‘big as you get’ carrot in bid to tempt Kim and jump-start new North Korea talks

      October 29, 2025
    • Johnson argues Biden pardons ‘invalid’ after bombshell autopen report

      October 29, 2025
    • Senate Republicans defy Vance’s warning, vote to block Trump’s Brazil tariffs amid shutdown

      October 29, 2025
    • Trump says he could deploy US military in American cities, claims ‘courts wouldn’t get involved’

      October 29, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 timeandsalesreporter.com | All Rights Reserved

    Time And Sales Reporter
    • World News
    • Politics
    • Stock
    • Investing
    • Editor’s Pick

    Read alsox

    How to Invest in Gene Stocks and ETFs

    August 29, 2025

    Resolution Minerals LtdTo Develop U.S. Government Engagement Strategy...

    June 18, 2025

    Breaking the NIMBY Feedback Loop in Vermont

    March 7, 2025