Navarre Minerals Limited (AU:NML) has released an update.
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Navarre Minerals Limited is set to recapitalize and resume trading on the ASX, backed by a significant capital raise initiative aimed at funding its exploration projects in Victoria. The company has secured a cornerstone investor, Dunkeld Pastoral Co Pty Ltd, which has committed to a $1 million investment, ensuring momentum in exploring the promising gold mineralization at their Tandarra Gold JV Project. This strategic move is expected to strengthen Navarre’s financial position and appeal to investors seeking growth in the mining sector.
For further insights into AU:NML stock, check out TipRanks’ Stock Analysis page.
