Cavalier Resources Limited (AU:CVR) has released an update.
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Cavalier Resources Limited announces a non-renounceable entitlement offer, aiming to raise approximately $1.735 million by offering new shares at $0.12 each to current shareholders. The offer, opening on September 30, 2024, allows shareholders to buy one new share for every three they own, with the acceptance period closing on October 9, 2024. Interested parties should consult the Offer Document and accompanying Entitlement and Acceptance Form for detailed instructions.
For further insights into AU:CVR stock, check out TipRanks’ Stock Analysis page.

