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Carnavale Resources Issues 5 Million Unquoted Equity Securities

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Carnavale Resources Issues 5 Million Unquoted Equity Securities

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Carnavale Resources Limited ( (AU:CAV) ) has issued an update.

Carnavale Resources Limited has announced the issuance of 5,000,000 unquoted equity securities in the form of options exercisable at $0.09, set to expire on November 26, 2028. This issuance is part of a transaction previously announced to the market and is not intended to be quoted on the ASX, potentially impacting the company’s financial strategy and stakeholder interests by expanding its equity base.

More about Carnavale Resources Limited

YTD Price Performance: 7.23%

Average Trading Volume: 356,708

Current Market Cap: A$34.66M

For an in-depth examination of CAV stock, go to TipRanks’ Overview page.

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