tiprankstipranks
Trending News
More News >

Investigator Resources Strengthens Financial Position with New Share Issuance

Story Highlights
Investigator Resources Strengthens Financial Position with New Share Issuance

Confident Investing Starts Here:

An announcement from Investigator Resources Ltd ( (AU:IVR) ) is now available.

Investigator Resources Ltd has issued 143,333,337 fully paid ordinary shares at $0.03 per share to institutional and sophisticated investors, as part of a placement announced earlier. This move, which also includes the issuance of options, is aimed at strengthening the company’s financial position and supporting its ongoing exploration activities, potentially impacting its market positioning and stakeholder interests positively.

More about Investigator Resources Ltd

Investigator Resources Ltd operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with precious metals and aims to enhance its market presence through strategic placements and investments.

Average Trading Volume: 2,813,814

Technical Sentiment Signal: Sell

Current Market Cap: A$46.09M

Find detailed analytics on IVR stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1