Australia's Resolution Minerals rises on acquisition of US antimony project

ReutersJun 11, 2025 3:22 AM

Shares of Resolution Minerals RML.AX up 16.7% at A$0.021

Earlier in the day, stock hit its highest level since August 2024

Co says it will buy Horse Heaven Antimony-Gold-Silver-Tungsten Project located in Stibnite Mining District of Valley County, Idaho, U.S.

Co plans to raise A$1.9 million ($1.24 million) at an issue price of A$0.013 per share

Over 61.9 million shares changed hands, marking its busiest day ever

Stock up 75% YTD, including the day's move

($1 = 1.5373 Australian dollars)

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