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Larvotto Resources Limited ( (AU:LRV) ) has issued an announcement.
Larvotto Resources Limited has issued and allotted over 31 million fully paid ordinary shares at $0.52 per share to sophisticated and institutional investors. The issuance was conducted without disclosure under the Corporations Act, adhering to legal requirements, and it signifies a strategic move to enhance the company’s financial positioning while maintaining compliance with regulatory frameworks.
More about Larvotto Resources Limited
Larvotto Resources Limited operates in the resources sector and focuses on exploring and developing mineral properties. The company targets sophisticated and institutional investors to raise capital for its operations.
YTD Price Performance: 34.00%
Average Trading Volume: 4,615,684
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$253M
For detailed information about LRV stock, go to TipRanks’ Stock Analysis page.
