tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Larvotto Resources Announces $60 Million Placement and Share Purchase Plan

Story Highlights
Larvotto Resources Announces $60 Million Placement and Share Purchase Plan

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Larvotto Resources Limited ( (AU:LRV) ) has provided an announcement.

Larvotto Resources Limited, a company listed on the ASX and TGAT, has announced a successful placement to raise $60 million from sophisticated and institutional investors. The company is offering eligible shareholders the opportunity to participate in a share purchase plan (SPP) at the same issue price as the placement, with a closing date of 15 August 2025. This move is part of Larvotto’s efforts to strengthen its financial position and enhance shareholder value.

More about Larvotto Resources Limited

Average Trading Volume: 3,939,699

Technical Sentiment Signal: Buy

Current Market Cap: A$286.6M

For detailed information about LRV stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport 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