tiprankstipranks
Larvotto’s Oversubscribed SPP Raises $1 Million
Company Announcements

Larvotto’s Oversubscribed SPP Raises $1 Million

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

Larvotto Resources Limited successfully completed its Share Purchase Plan (SPP), raising $1 million before costs, exceeding its target by 41%. The company will issue over 9.5 million new shares at $0.105 each to fund various drilling programs and the pre-feasibility study of its Hillgrove Project, among other initiatives. Shareholders’ robust participation reflects strong support for Larvotto’s ongoing exploration and development efforts.

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

Related Articles
TipRanks Australian Auto-Generated NewsdeskLarvotto Resources Eyes Growth with New Shares
TipRanks Australian Auto-Generated NewsdeskLarvotto Resources Kickstarts Major Hillgrove Drilling Program
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!