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Resource Minerals International Ltd (ASX:RMI)

ALERT: Price-sensitive ASX Announcement for RMI
Current share price for RMI : $0.183 0.154 (529.31%)+
Announcement
Release
30 Oct 2025 6:17PM
Price at Release
$0.029
Full Release
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Summary
Resource Minerals International Ltd (ASX: RMI) reported its quarterly cash flow and activities for the period ending 30 September 2025. The company undertook significant exploration activities, including the acquisition of JV interests in Saudi Arabian gold exploration projects, notably the Wadi Salamah and Shaib Marqan projects, which showed promising high-grade gold and copper assay results. The quarter also saw the company execute a $5 million funding agreement with RiverFort Global Capital Ltd. RMI changed its name from its former identity during this period. The cash flow statements disclosed a net cash inflow from financing activities and significant cash outflows related to exploration. As of the quarter's end, RMI had $848k in cash, with additional funding available under the new financial arrangements.
Key Points
  • Acquired interests in Saudi Arabian gold exploration projects.
  • High-grade gold and copper assay results reported.
  • Entered a $5 million funding agreement with RiverFort Global Capital Ltd.
  • Name change to Resource Minerals International Ltd.
  • Reported $848k cash at the end of the quarter.
  • Limited exploration activities in Tanzania and Finland.
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.