Red Mountain Mining successfully lists on the US stock market with a strong trading debut, up 36%

Red Mountain Mining successfully lists on the US stock market with a strong trading debut, up 36%

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Red Mountain Mining Limited (ASX: RMX, US CODE: RMXFF, or “Company”)a Critical Minerals exploration and development company with a growing portfolio in Tier-1 Mining Districts in the United States and Australia, is pleased to announce that RMXFF has successfully commenced trading on the OTCQB this week. The price reached a high of A$0.054 (US$0.035) on the first day of activity.


HIGHLIGHTS

  • RMXFF has successfully listed on the US market (OTCQB), with Red Mountain trading at A$0.054 (US$0.035) on its first day, up 36%
  • RMXFF had a strong debut, with robust market activity and trading volumes and high levels of US investor engagement
  • RMXFF will present at the Australian Rare Earths & Critical Minerals Investor Conference on November 19, 2025, and will be distributed across the broader US capital markets network.
  • Red Mountain remains actively engaged in discussions with experienced strategic partners to accelerate its US and Australian Critical Minerals Portfolio
  • These discussions are aimed at accelerating project development and leveraging partners’ expertise as they navigate U.S. government financing programs and develop and support Critical Minerals projects.
  • Red Mountain’s Critical Minerals Portfolio in the United States uniquely includes highly promising and favorably located antimony projects in both Idaho and Utah – adjacent to projects with significant known antimony mineralization
  • In Australia, Red Mountain’s highly prospective Armidale Antimony-Gold Project comprises a large, strategic property covering almost 400 km2 of highly prospective land, located west of Larvotto Resources’ Hillgrove Project (ASX: LRV $580 million market capitalization), Australia’s largest and the world’s eighth largest antimony deposit – also subject to the recent takeover attempt by United States Antimony Corp (NYSE: UAMY market capitalization of A$ 1.5 billion)
  • Since the Hillgrove acquisition in December 2023, LRV’s market capitalization has risen from less than $6 million to a high of more than $700 million
  • Red Mountain expects to receive and announce further results from its Armidale Antimony-Gold Project in late November. Red Mountain also expects to provide further updates to the market regarding its US-based growth initiatives, with the Bureau of Land and Management (BLM) offices returning to normal operating capacity, following the resolution of the US government shutdown this month

Red Mountain’s highly experienced US market advisory team has successfully supported the RMXFF listing and the company is seeing strong initial US investor interest and trading volumes, compared to its peers.

Red Mountain’s specialist capital markets and investor engagement advisors have deep networks within the US capital markets, and the firm works closely with its advisors to further enhance and complement the benefits of the RMXFF listing.

Red Mountain Mining continues its aggressive growth strategy

Red Mountain continues to seek further opportunities to expand its portfolio of high-value strategic metals projects in Tier-1 U.S. mining jurisdictions, with the goal of building a portfolio of assets to leverage an unprecedented critical shortage in the Western supply of strategic and critical metals.

Figure 1: President Donald Trump signs the bill to reopen the federal government in Washington, DCSource: https://www.opb.org/article/2025/11/13/house-votes-to-end-longest-ever-shutdown/

The resolution of the U.S. federal government shutdown on November 12, 2025 will allow Red Mountain to continue its aggressive U.S. growth and expansion strategy. Subject to satisfactory completion of due diligence, the company expects to announce further growth initiatives this month.

Click here for the full ASX release

This article contains content from Red Mountain Mining, which is licensed for the purpose of publishing to Investing News Australia. This article does not constitute advice on financial products. It is your responsibility to conduct appropriate due diligence before acting on the information provided here. View our full disclaimer here.

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