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Carnavale Resources Announces AGM Results and Share Consolidation

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Carnavale Resources Announces AGM Results and Share Consolidation

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An update from Carnavale Resources Limited ( (AU:CAV) ) is now available.

Carnavale Resources Limited announced that all resolutions at its annual general meeting were passed, including special resolutions, indicating strong shareholder support. The company is proceeding with a share capital consolidation on a 1 for 15 basis, affecting trading and shareholding structures, which is expected to streamline its operations and potentially enhance its market positioning.

More about Carnavale Resources Limited

Carnavale Resources Limited operates in the resources industry, focusing on exploration and development of mineral projects. The company is involved in identifying and advancing opportunities in the mineral sector, with a market focus on enhancing shareholder value through strategic exploration and project development.

Current Market Cap: A$30.58M

See more insights into CAV stock on TipRanks’ Stock Analysis page.

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