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R3D 2.38% 20.5¢

R3D RESOURCES LIMITED - Corporate Spotlight

R3D Resources Limited (ASX:R3D) has a mission to become a significant copper and zinc... R3D Resources Limited (ASX:R3D) has a mission to become a significant copper and zinc company through development of its existing projects, acquisitions of new projects and exploration success. The company has aggregated a diversified portfolio of exploration and mining assets in the Chillagoe Region in north QueenslandMore

Corporate Spotlight

R3D Resources Limited (ASX:R3D) has a mission to become a significant copper and zinc company through development of its existing projects, acquisitions of new projects and exploration success. The company has aggregated a portfolio of exploration and mining assets in the Chillagoe Region, QLD
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R3D begins trading after successful IPO

R3D RESOURCES RELISTS ON ASX

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R3D Resources (ASX:R3D) relists on ASX

Materials

ASX:R3D
22 July 2021 15:05 (AEST)

  • R3D Resources (R3D) is in the green today following its relisting on the ASX
  • The relisting follows a $4.25 million recapitalisation, when shares were offered at 20 cents apiece
  • R3D last traded in early 2020 and during this time transitioned into a gold-copper explorer via the acquisition of Tartana Resources
  • Tartana owns a number of assets in the Chillagoe region in Northern Queensland, which R3D is planning to develop

R3D Resources (R3D) shares are in the green today following the company's relisting on the ASX.


The relisting follows a $4.25 million recapitalisation, where shares were offered at 20 cents per share.


R3D last traded on the exchange in early 2020 and during this time began transitioning into a gold-copper explorer via the acquisition of Tartana Resources.


Tartana owns a number of assets in the Chillagoe region in Northern Queensland, which R3D is planning to develop.


R3D has more than 108 million shares on issue, representing a market capitalisation of $21.7 million.


Managing Director Stephen Bartrop is pleased with the re-listing.


"We look forward to recommencing exploration activities shortly. Our projects are first class, and we thank the existing and new shareholders for their support. We look forward to the journey ahead," Dr Bartrop said.


Before moving to materials, R3D was focused on its media and investors relations business, called R3D Global, which operated in Australia and Asia.


Read the Full Article on The Market Herald here

R3D RESOURCES RAISES $4.25M

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R3D Resources (ASX:R3D) raises $4.25m and gets ready to re-list

ASX News, The Market Herald Deal Room

ASX:R3D
Alligator Energy (ASX:AGE) partners with Traxys

  • R3D Resources (R3D) is getting ready to re-list on the ASX after raising $4.25 million from a public offering
  • The company last traded on the exchange in early 2020, and is due to begin trading again on July 21
  • R3D is planning to transition to a gold-copper explorer though the acquisition of Tartana Resources
  • The business, formerly known as R3D Global, previously focussed on investor and media relations across Australia and Asia

R3D Resources (R3D) is getting ready to re-list on the ASX after raising $4.25 million from a public offering.


The company expects to begin trading on the exchange again on July 21, after being suspended for close to 18 months.


During that time R3D has begun transitioning into a gold-copper explorer, via the planned acquisition of Tartana Resources.


The business owns a number of assets in the Chillagoe Region in North Queensland, which R3D wants to develop.


Before it moved into materials, R3D had been focussed on its media and investors relations business, called R3D Global, which operated in Australia and Asia.


Commenting on the relisting and its recently closed public offer, R3D Incoming Managing Director Stephen Bartrop said the business was off to a good start.


"The public offer was well subscribed and satisfaction of the ASX conditions for re-listing are well advanced," Mr Bartrop said.


"We look forward to trading in the shares commencing on or about July 21 2021."


Read the Full Article on The Market Herald here

ABOUT US

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About Us


R3D Resources Limited (ASX: R3D) is acquiring Tartana Resources, a company which was established in 2007 and which has aggregated a portfolio of copper-gold exploration and mining assets in the Chillagoe Region in north Queensland. The objective of the acquisition is to grow R3D Resources into a significant copper-zinc producer through exploring and developing these assets.  Tartana’s projects vary in maturity with most advanced being the Tartana mining leases which contain an existing heap leach – solvent extraction – crystallisation plant being held in care and maintenance.  Work has begun to restart this plant to provide future cash flow through the sale of copper sulphate.

VIDEOS

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R3D begins trading after successful IPO



(20min delay)
Last
20.5¢
Change
-0.005(2.38%)
Mkt cap ! $22.23M
Open High Low Value Volume
21.0¢ 21.0¢ 19.5¢ $411.0K 2.014M

Buyers (Bids)

No. Vol. Price($)
1 5000 20.0¢
 

Sellers (Offers)

Price($) Vol. No.
20.5¢ 85759 5
View Market Depth
Last trade - 15.46pm 27/07/2021 (20 minute delay) ?
(live)
Last
20.0¢
  Change
-0.005 ( 2.44 %)
Open High Low Volume
20.5¢ 21.0¢ 20.0¢ 223222
Last updated 13.16pm 27/07/2021 (live) ?
R3D (ASX) Chart
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