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Carnavale Resources Issues Unquoted Equity Securities

Story Highlights
  • Carnavale Resources Limited issued 5,500,000 options and 1,666,666 performance rights.
  • These unquoted securities are part of a strategic transaction not intended for ASX quotation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Carnavale Resources Issues Unquoted Equity Securities

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Carnavale Resources Limited ( (AU:CAV) ) just unveiled an announcement.

Carnavale Resources Limited has announced the issuance of unquoted equity securities, including 5,500,000 options exercisable at $0.09 and expiring on 26 November 2028, as well as 1,666,666 performance rights. These securities are part of a previously announced transaction and are not intended to be quoted on the ASX. This move could potentially impact the company’s financial strategy and stakeholder interests by expanding its equity base.

More about Carnavale Resources Limited

YTD Price Performance: 3.61%

Average Trading Volume: 352,730

Current Market Cap: A$35.07M

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

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