Bank of Nova Scotia Gains Stake in Larvotto Resources
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Bank of Nova Scotia Gains Stake in Larvotto Resources

Larvotto Resources Limited (AU:LRV) has released an update.

The Bank of Nova Scotia, through its subsidiary 1832 Asset Management L.P., has become a substantial holder in Larvotto Resources Limited, acquiring a 5.31% voting power through the possession of 16,455,000 common shares. The shares were accumulated over a series of transactions prior to September 5, 2024, with prices per share ranging from AUD 0.2359 to AUD 0.4033. This strategic move indicates a significant investment by the financial institution into the resources company.

For further insights into AU:LRV stock, check out TipRanks’ Stock Analysis page.

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