Cavalier Resources Limited (AU:CVR) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Cavalier Resources Limited successfully raised $1.735 million through a non-renounceable rights issue, garnering strong support from existing and new investors. The funds will support the advancement of mining approvals and contractor sourcing for the Crawford Gold Project, as well as further exploration at the Ella’s Rock Li-Au-Ni Project. With significant growth potential due to high gold prices, Cavalier is well-positioned for future success.
For further insights into AU:CVR stock, check out TipRanks’ Stock Analysis page.