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Carnavale Resources Limited ( (AU:CAV) ) has shared an update.
Carnavale Resources Limited has announced a proposed non-renounceable pro rata issue of up to 1,168,633,827 ordinary fully paid securities. This move is part of the company’s strategy to raise capital, potentially impacting its financial position and market operations by providing additional funds for exploration and development activities.
More about Carnavale Resources Limited
Carnavale Resources Limited operates in the resources industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the discovery and extraction of valuable minerals, positioning itself within the mining sector.
Current Market Cap: A$18.41M
For a thorough assessment of CAV stock, go to TipRanks’ Stock Analysis page.