BGR Mining Takes AU$1 Million Investment in Rumble Resources; Shares Rise 8%

MT Newswires Live

2024-09-27

BGR Mining & Infra and associate firm Bain Resources Holdings subscribed for 25 million shares in Rumble Resources (ASX:RTR) at AU$0.04 per share for a total of AU$1 million, according to a Friday filing with the Australian bourse.

Following the subscription agreement, Bain Resources Holdings will now become a strategic investor in the mining firm, the filing added.

Rumble Resources shares rose 8% in Friday trade.

Price (AUD): $0.04, Change: $+0.0030, Percent Change: +7.89%

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