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Avira Resources Ltd Announces Proposed Securities Issuance

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Avira Resources Ltd Announces Proposed Securities Issuance

Elevate Your Investing Strategy:

Avira Resources Ltd ( (AU:AVW) ) just unveiled an update.

Avira Resources Ltd has announced a proposed issuance of 36,172,985 ordinary fully paid securities, scheduled for April 4, 2025. This move is part of a placement or other type of issue, potentially impacting the company’s capital structure and market positioning, as it seeks to raise funds and enhance its operational capabilities.

More about Avira Resources Ltd

Avira Resources Ltd operates in the resources industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in identifying and developing mineral deposits, with a market focus on the Australian Stock Exchange (ASX).

YTD Price Performance: 10.0%

Average Trading Volume: 320,737

Technical Sentiment Signal: Buy

Current Market Cap: A$1.18M

For an in-depth examination of AVW stock, go to TipRanks’ Stock Analysis page.

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