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Caravel Minerals Completes Share Placement to Bolster Exploration Efforts

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Caravel Minerals Completes Share Placement to Bolster Exploration Efforts

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Caravel Minerals Limited ( (AU:CVV) ) has shared an announcement.

Caravel Minerals Limited has completed the Tranche 2 placement of 1,310,345 ordinary shares, raising $190,000. The shares were issued to an associate of Director Alasdair Cooke following shareholder approval. This move reflects the company’s ongoing efforts to strengthen its financial position and support its operational activities in the mineral exploration sector.

More about Caravel Minerals Limited

Caravel Minerals Limited operates within the mining industry, focusing primarily on mineral exploration and development. The company is involved in the exploration of copper and gold deposits, which positions it strategically within these commodity markets.

YTD Price Performance: 13.00%

Average Trading Volume: 8,875

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €71.2M

See more data about CVV stock on TipRanks’ Stock Analysis page.

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