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Larvotto Resources Secures $2M for Project Expansion
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Larvotto Resources Secures $2M for Project Expansion

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

Larvotto Resources Limited has successfully raised $2 million through the placement of 26.7 million shares, with the funds earmarked for expediting development and exploration activities at its Hillgrove and Mt Isa projects. The company also announced that its directors would be investing an additional $40,000 in shares, subject to shareholder approval at the next AGM. This financial boost aims to enhance Larvotto’s exploration capabilities in New South Wales and Queensland, furthering its portfolio of gold, antimony, and other in-demand mineral projects.

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

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