RDN raiden resources limited

Raiden Resources (ASX: RDN) – Exciting Developments and Strong...

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    Raiden Resources (ASX: RDN) – Exciting Developments and Strong Growth Potential Ahead! Hey everyone,If you’re looking for a lithium exploration opportunity with significant upside potential, Raiden Resources (ASX: RDN) is one to keep an eye on! Here’s why: Significant Funding and Drilling Expansion: Raiden recently raised $10 million through an institutional and sophisticated investor placement, with the funds earmarked for a massive expansion of their drilling program at the Andover South lithium project in WA. They’re tripling their drill program from 5,000 meters to 15,000 meters, with a focus on unlocking more of the high-grade spodumene mineralization the project has already shown【33†source】. Early Results Are Highly Promising: The project has already returned incredible high-grade lithium results, including surface samples over 1% Li₂O. Spodumene, the mineral that produces lithium, is already visible in core samples, which is a strong indicator that there’s more to come as drilling progresses【33†source】【32†source】. Lithium Demand is Exploding: With global demand for lithium surging due to the rise of electric vehicles and renewable energy storage, projects like Andover South are in prime position to capitalize on this growth. Raiden’s exploration efforts in this area put them right at the forefront of one of the hottest commodities in the market【33†source】. Strategic Investor Backing: The $10 million funding round was backed by institutional investors, which is a strong vote of confidence in the company’s direction and the project’s potential. This is an excellent sign that industry professionals believe in the long-term value Raiden is building【33†source】. Exciting News Flow Ahead: With a second drill rig arriving shortly, we can expect regular news updates and results as the drilling program progresses. Each update has the potential to unlock more value and send the share price moving north. This means ongoing catalysts for the stock throughout the year!Raiden Resources is at a key inflection point with a well-funded, promising project in the booming lithium sector. If drilling results continue to come in strong, this could be a fantastic growth opportunity with substantial upside as the market continues to demand more lithium.Don’t miss out—keep an eye on the next set of drill results. This could be the start of something big! #RDN #Lithium #Exploration #Mining #RaidenResources #ASX
 
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Last
0.5¢
Change
0.001(25.0%)
Mkt cap ! $17.25M
Open High Low Value Volume
0.5¢ 0.5¢ 0.5¢ $37.74K 7.745M

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0.5¢ 8390512 14
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Last trade - 13.49pm 23/06/2025 (20 minute delay) ?
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