Cavalier Resources Limited (AU:CVR) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Cavalier Resources Limited successfully raised $1.735 million through a non-renounceable rights issue, with strong support from existing shareholders and new investors. The raised funds will be used to advance the development of the Crawford Gold Project, which is bolstered by rising gold prices. This positions the company favorably for future growth as it moves forward with mine approval and financing efforts.
For further insights into AU:CVR stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue