Notice: Function amp_is_available was called incorrectly. `amp_is_available()` (or `amp_is_request()`, formerly `is_amp_endpoint()`) was called too early and so it will not work properly. WordPress is currently doing the `amp_init` hook. Calling this function before the `wp` action means it will not have access to `WP_Query` and the queried object to determine if it is an AMP response, thus neither the `amp_skip_post()` filter nor the AMP enabled toggle will be considered. It appears the plugin with slug `schema-and-structured-data-for-wp` is responsible; please contact the author. Please see Debugging in WordPress for more information. (This message was added in version 2.0.0.) in /home/u885321871/domains/fintechinshorts.com/public_html/wp-includes/functions.php on line 6114

Notice: Function amp_is_available was called incorrectly. `amp_is_available()` (or `amp_is_request()`, formerly `is_amp_endpoint()`) was called too early and so it will not work properly. WordPress is currently doing the `amp_init` hook. Calling this function before the `wp` action means it will not have access to `WP_Query` and the queried object to determine if it is an AMP response, thus neither the `amp_skip_post()` filter nor the AMP enabled toggle will be considered. It appears the plugin with slug `schema-and-structured-data-for-wp` is responsible; please contact the author. Please see Debugging in WordPress for more information. (This message was added in version 2.0.0.) in /home/u885321871/domains/fintechinshorts.com/public_html/wp-includes/functions.php on line 6114

Notice: Function amp_is_available was called incorrectly. `amp_is_available()` (or `amp_is_request()`, formerly `is_amp_endpoint()`) was called too early and so it will not work properly. WordPress is currently doing the `init` hook. Calling this function before the `wp` action means it will not have access to `WP_Query` and the queried object to determine if it is an AMP response, thus neither the `amp_skip_post()` filter nor the AMP enabled toggle will be considered. It appears the plugin with slug `schema-and-structured-data-for-wp` is responsible; please contact the author. Please see Debugging in WordPress for more information. (This message was added in version 2.0.0.) in /home/u885321871/domains/fintechinshorts.com/public_html/wp-includes/functions.php on line 6114

Notice: Function amp_is_available was called incorrectly. `amp_is_available()` (or `amp_is_request()`, formerly `is_amp_endpoint()`) was called too early and so it will not work properly. WordPress is currently doing the `init` hook. Calling this function before the `wp` action means it will not have access to `WP_Query` and the queried object to determine if it is an AMP response, thus neither the `amp_skip_post()` filter nor the AMP enabled toggle will be considered. It appears the plugin with slug `schema-and-structured-data-for-wp` is responsible; please contact the author. Please see Debugging in WordPress for more information. (This message was added in version 2.0.0.) in /home/u885321871/domains/fintechinshorts.com/public_html/wp-includes/functions.php on line 6114
Red Mountain Mining: Raises $800K for work program | Fintech InShorts: Latest fintech news, analysis by experts

Less than 1 min.Read

Red Mountain Mining: Raises $800K for work program

By Steve Sam

September 25, 2020

Red Mountain Mining (RMX) has sucesfully raised $800,000 via a placement to professional and sophisticated investors
The company first announced its plans to tap investors for more cash earlier this week when it locked up its shares in a trading halt
Since then RMX has recieved firm commitments to raise additional capital, via the issue of over 114 million shares worth 0.7 cents each
Additionally, the company wants to issue one attaching option for every two shares issued under the placement
The option would have an exercise price of 0.8 cents and an expiry date of July 14, 2021
Red Mountain said almost all of the $800,000 raised will spent on work program across Mt Maitland, Koonenberry and Mukabe-Kasari projects

Hot this week

Topics

Popular Categories

FinTechBankingBusinessFundingAIPaymentsPartnership

Predictive Discovery: Receives further gold results from Bankan

Dreadnought Resources: Receives high-grade results from Metzke’s Find

Red Mountain Mining: Raises $800K for work program

Banking as a Service: Meaning, Examples, Benefits and Future

Best fintech blogs and websites

What is Fintech?

How to buy shares online

Is it worth investing in life insurance over 60?

Topics

FTC Challenges Neobank Dave Over Deceptive Marketing and Hidden Fees

Bank of New Zealand Acquires BlinkPay to Boost Open Banking Solutions

FE Fundinfo Acquires Matterhorn to Enhance AIFMD Reporting Services

MAS’ Project Guardian: Swift, UBS, and Chainlink Achieve Tokenized Fund Settlement Pilot

Konsentus Chosen to Drive Open Banking API Standards for Bank of Namibia

Monument Technology Appoints New CTO and CCO to Strengthen BPaaS Offerings

NatWest Launches Approval2Buy: Virtual Card Solution for B2B Payments with Mastercard

Saldo Bank Chooses Lunar’s Nordic Infrastructure for Enhanced Payment Solutions in Sweden

Related Articles

FTC Challenges Neobank Dave Over Deceptive Marketing and Hidden Fees

Bank of New Zealand Acquires BlinkPay to Boost Open Banking Solutions

FE Fundinfo Acquires Matterhorn to Enhance AIFMD Reporting Services

MAS’ Project Guardian: Swift, UBS, and Chainlink Achieve Tokenized Fund Settlement Pilot

Konsentus Chosen to Drive Open Banking API Standards for Bank of Namibia

Company

Headlines

FTC Challenges Neobank Dave Over Deceptive Marketing and Hidden Fees

Bank of New Zealand Acquires BlinkPay to Boost Open Banking Solutions

FE Fundinfo Acquires Matterhorn to Enhance AIFMD Reporting Services

MAS’ Project Guardian: Swift, UBS, and Chainlink Achieve Tokenized Fund Settlement Pilot

Newsletter