RDN 0.00% 2.4¢ raiden resources limited

Raiden Resources (ASX:RDN) buy broadens Mt Sholl footprint

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    • Raiden Resources (RDN) is set to expand its Western Australian Mt Sholl project by acquiring an 80 per cent interest in adjoining tenements.
    • The conjoined nickel-copper-platinum group elements project would comprise approximately 27 square kilometres following the transaction with Welcome Exploration
    • Raiden will need to pay $100,000 to Welcome for the initial consideration and is set to issue $500,000 worth of ordinary shares thereafter
    • Raiden Managing Director Dusko Ljubojevic says the company is gearing up for a "substantial" drilling program in the first quarter of 2022

    Read the Full Article on The Market Herald here
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