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The latest announcement is out from Avira Resources Ltd ( (AU:AVW) ).
Avira Resources Limited has announced a capital raising of approximately $506,000 through commitments from institutional and professional investors. Additionally, the company has executed a binding agreement to acquire a 100% interest in an exploration licence, expanding the Tangadee Project area in the Ashburton region. This acquisition aims to enhance Avira’s exploration capabilities, with immediate drill targets identified. The region is active with several exploration companies, indicating a competitive and promising environment for mineral exploration.
More about Avira Resources Ltd
Avira Resources Limited is a company operating in the mining industry, focusing on the exploration and development of copper (Cu), zinc (Zn), and nickel (Ni) resources. The company is primarily engaged in projects located in the Ashburton region of Western Australia, with a market focus on magmatic Cu-Ni and sediment-hosted Cu-Zn sulphide deposits.
YTD Price Performance: 10.0%
Average Trading Volume: 320,737
Technical Sentiment Signal: Buy
Current Market Cap: A$1.18M
See more data about AVW stock on TipRanks’ Stock Analysis page.