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RIEDEL RESOURCES LIMITED — Capital/Financing Update 2025
Jul 14, 2025
65702_rns_2025-07-14_1c587016-358a-477e-b6d5-6491d8668bd9.pdf
Capital/Financing Update
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ASX / Media Announcement 15 July 2025
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Oversubscribed Share Purchase Plan to close early
Riedel Resources (ASX: RIE) (“ Riedel ” or “the Company ”) is pleased to announce that the size of the Share Purchase Plan (“ SPP ”) announced on 20 June 2025 has been increased to $0.4M in response to strong demand and will close today at 5.00pm (AEST). In accordance with the terms of the SPP, the Company has decided to close the SPP early to minimise the scale back of applications.
The Company intends to announce the results of the SPP on Tuesday, 22 July 2025.
The timetable for the SPP has been revised as follows:
| The tmetable for the SPP has been revised as follows: | |
|---|---|
| Event | Time(AEST) / Dates |
| SPP closingdate(5.00pm) | Tuesday,15 July2025 |
| Announcement of SPP Ofer results Issue of new shares under the SPP Applicaton forquotaton of SPP new shares |
Tuesday, 22 July 2025 |
| SPP shares commence trading | Wednesday,23 July2025 |
The timetable is indicative only and remains subject to change at the Company’s discretion, subject to compliance with applicable laws and the ASX Listing Rules.
This release has been authorised by the Board of Riedel Resources Limited.
-ENDS-
For further information please contact: Scott Cuomo – Chairman Riedel Resources Limited Level 2, 480 Collins Street, Melbourne VIC 3000 T: + 61 3 9614 0600 [email protected]
About Riedel Resources Limited:
Riedel Resources Limited is an emerging mineral exploration company focused on advancing the historic high-grade Kingman Gold Project in north-west Arizona, USA.
Further information can be found at the Company’s website www.riedelresources.com.au
Riedel Resources Limited
Level 2, 480 Collins Street, Melbourne VIC 3000 [email protected] | riedelresources.com.au T: + 61 3 9614 0600 | ABN: 91 143 042 022