Future Mineral Resources Inc. has announced plans to raise up to $4.5 million through a private placement. The offering aims to issue 15 million units, each priced at $0.30, with half-warrant options exercisable at $0.35 for 12 months.

Rio2 Limited participated in Royal Road Minerals Limited’s recent private placement, acquiring over four million shares at $0.18 each. This significant investment underscores Rio2’s interest in Royal Road’s potential and signals a closer collaboration between the two companies.