Carnavale Resources Plans Major Share Issue

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

Carnavale Resources Limited has announced a new securities issue, proposing to release a maximum of 666,666,666 ordinary fully paid shares under the ASX security code. The placement is scheduled for 19th September 2024, as part of a strategic move to raise capital and provide a fresh investment opportunity for market participants.

For further insights into AU:CAV stock, check out TipRanks’ Stock Analysis page.