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Investigator Silver Limited Completes Share Placement to Bolster Financial Position

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Investigator Silver Limited Completes Share Placement to Bolster Financial Position

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The latest announcement is out from Investigator Resources Ltd ( (AU:IVR) ).

Investigator Silver Limited has issued over 143 million fully paid ordinary shares at a price of $0.042 each to institutional and sophisticated investors as part of a previously announced placement. This strategic move, approved by shareholders, aims to strengthen the company’s financial position and enhance its investor relations by compensating StocksDigital with shares instead of cash for services rendered.

The most recent analyst rating on (AU:IVR) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Investigator Resources Ltd stock, see the AU:IVR Stock Forecast page.

More about Investigator Resources Ltd

Investigator Silver Limited operates in the mining industry, focusing primarily on the exploration and development of silver resources. The company targets institutional and sophisticated investors to support its operations and market presence.

Average Trading Volume: 12,123,647

Technical Sentiment Signal: Buy

Current Market Cap: A$124.9M

For a thorough assessment of IVR stock, go to TipRanks’ Stock Analysis page.

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