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Cavalier Resources Issues New Shares Via Placement Under Disclosure Exemption

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Cavalier Resources Issues New Shares Via Placement Under Disclosure Exemption

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Cavalier Resources Limited ( (AU:CVR) ) has issued an update.

Cavalier Resources Limited has notified the market that it has issued 13,133,334 fully paid ordinary shares via a placement, adding to its existing class of ASX-quoted ordinary shares. The new shares were issued without a prospectus under the Corporations Act disclosure exemptions, with the company confirming it is up to date with its reporting and continuous disclosure obligations and stating that there is no withheld information material to investors’ assessment of the company or the rights attached to the new shares.

More about Cavalier Resources Limited

Average Trading Volume: 77,388

Technical Sentiment Signal: Buy

Current Market Cap: A$24.49M

See more insights into CVR stock on TipRanks’ Stock Analysis page.

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