Rhyolite Resources Ltd - Mining Stock Analysis & Updates
Latest News and Market Performance for Rhyolite Resources Ltd
Perm ID: 1-4297823782
https://rhyoliteresources.com/
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Rhyolite Resources Cancels Private Placement
Rhyolite Resources cancels a planned private placement of 25 million shares, citing strategic or financial reasons, and issues a standard forward-looking statement disclaimer.
Rhyolite Resources Announces Private Placement
Rhyolite Resources plans to raise up to $3.75M via a private share offering, with insider participation up to 25%, subject to TSX-V approval.
Rhyolite Resources Terminates Brothers Property Option Agreement
Rhyolite Resources Ltd. has terminated its option to earn an 80% interest in the Brothers property in Suriname, receiving US$62,000 for the termination. The property’s Exploitation License was renewed, but Rhyolite's discussions to amend the agreement were unsuccessful. The company holds $6.5 million in working capital and a 10% Gross Revenue Royalty from the Muckahi Mining System.
