Avira Resources Ltd (AU:AVW) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Avira Resources Ltd has increased its stake in the Puolalaki project in Sweden to 51% after fulfilling Stage 2 Earn-in requirements and has raised $805,000 in an oversubscribed placement to fund further exploration and due diligence. The company is now evaluating the next steps, which include extensive geophysical exploration programs and potential gold mineralization, in addition to the base metals already being investigated.
For further insights into AU:AVW stock, check out TipRanks’ Stock Analysis page.