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Rapid Critical Metals Limited (ASX:RCM)

ALERT: Price-sensitive ASX Announcement for RCM
Current share price for RCM : $0.030 -0.023 (-43.40%)+
Announcement
Release
28 Nov 2025 8:38AM
Price at Release
$0.053
Full Release
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Summary
Rapid Critical Metals Limited (RCM) announced the completion of the acquisition of the Webbs Consol Silver Project in northeast New South Wales from Lode Resources Limited. This acquisition is a strategic investment for RCM, enhancing its critical mass and securing a district-scale silver corridor in the high-grade silver belt of the New England Fold Belt. The transaction consolidates contiguous tenure across existing high-grade deposits, potentially unlocking new discoveries. The acquisition aligns with RCM's strategy to become a leading silver-focused growth company on the ASX, with plans to accelerate exploration and development activities to generate long-term shareholder value.
Key Points
  • Completion of the Webbs Consol Silver Project acquisition.
  • Acquisition from Lode Resources Limited.
  • Strategic enhancement of RCM's portfolio in New South Wales.
  • Secures district-scale silver corridor in the New England Fold Belt.
  • Potential for new discoveries and consolidated mine planning.
  • Focus on accelerating exploration and development activities.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.