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Carnavale Resources Announces Major Securities Issue to Boost Capital

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Carnavale Resources Announces Major Securities Issue to Boost Capital

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Carnavale Resources Limited ( (AU:CAV) ) has provided an announcement.

Carnavale Resources Limited has announced a proposed issue of 857,142,857 ordinary fully paid securities, scheduled for October 20, 2025. This move is expected to enhance the company’s capital base, potentially supporting its exploration and development activities, thereby strengthening its position in the resource sector.

More about Carnavale Resources Limited

Carnavale Resources Limited operates in the resources industry, focusing on the exploration and development of mineral assets. The company is involved in identifying and acquiring mineral projects with the potential for significant value creation.

Current Market Cap: A$18.41M

See more data about CAV stock on TipRanks’ Stock Analysis page.

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