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Carnavale Resources Secures $3 Million Through Successful Share Placement

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Carnavale Resources Secures $3 Million Through Successful Share Placement

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The latest update is out from Carnavale Resources Limited ( (AU:CAV) ).

Carnavale Resources Limited has successfully completed a placement of 857,142,857 shares at $0.0035 each, raising $3 million from professional and sophisticated investors. This strategic move enhances the company’s financial capacity, potentially impacting its operations and market positioning positively.

More about Carnavale Resources Limited

Carnavale Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company targets professional and sophisticated investors for its financial activities.

Current Market Cap: A$31.55M

Find detailed analytics on CAV stock on TipRanks’ Stock Analysis page.

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