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Agriculture Farming Rural
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16/01/2025
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01:41
Rigel Resource Acquisition Corp
Rigel Resource Acquisition Corp Announces Effectiveness of Registration Statement and Special Meeting Date for Proposed Business Combination with Aurous
Registration Statement on Form F-4 declared effective, Extraordinary General Meeting to be held on February 4, 2025 and Closing expected shortly thereafterTotal committed and commercially agreed upon PIPE financing of $27.5 million, with the targeted PIPE raise of $50 millionAppointment of three nominees as independent non-executive directors upon closing the business combination: Jan Hendrik (“Hennie”) van Greuning, Christine Coignard, and Stephen HayesOperational and Financial Update provided by AurousGold prices are currently at $2,689/oz, up 30% for the calendar year and 24% from the signing date of the business combination with Rigel Resource Acquisition Corp and Aurous NEW YORK--BUSINESS WIRE-- Rigel…