Cavalier Resources Limited (AU:CVR) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Cavalier Resources Limited has announced a non-renounceable pro-rata entitlement offer of shares aimed at raising approximately $1.735 million. The offer is set at $0.12 per share, available to eligible shareholders in Australia and New Zealand, and is not expected to significantly alter the company’s control. The initiative seeks to maintain proportional ownership among current investors without necessitating a public disclosure.
For further insights into AU:CVR stock, check out TipRanks’ Stock Analysis page.