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The latest announcement is out from Alvo Minerals Limited ( (AU:ALV) ).
Alvo Minerals Limited has announced an updated entitlement offer, allowing eligible shareholders to purchase additional shares and receive free attaching options. The proceeds from this offer, if fully subscribed, will be allocated towards continued exploration, new project assessments, and working capital, potentially enhancing the company’s operational capabilities and market position.
More about Alvo Minerals Limited
Alvo Minerals Limited is an Australian company engaged in the exploration and development of mineral projects. Its primary focus is on the Palma VMS Cu/Zn Project, Bluebush Ionic Clay REE Project, and Ipora REE Project. The company is listed on the Australian Securities Exchange under the code ALV.
Average Trading Volume: 226,744
Technical Sentiment Signal: Sell
Current Market Cap: A$5.98M
For detailed information about ALV stock, go to TipRanks’ Stock Analysis page.