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Larvotto Resources Converts Performance Rights to Shares Following Milestone Achievement

Story Highlights
  • Larvotto Resources focuses on exploration and development in the resources sector.
  • The company converted 833,334 Performance Rights into shares, marking progress in their Hillgrove Project.
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Larvotto Resources Converts Performance Rights to Shares Following Milestone Achievement

Confident Investing Starts Here:

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

Larvotto Resources Limited announced the conversion of 833,334 Performance Rights into fully paid ordinary shares following the achievement of milestone hurdles related to the Hillgrove Project. This conversion, part of the company’s Long-Term Incentive Plan, signifies progress in their operations and enhances their market presence without using existing placement capacity.

More about Larvotto Resources Limited

Larvotto Resources Limited is a company operating in the resources sector, primarily focusing on exploration and development projects. The company is listed on the Australian Securities Exchange (ASX) and is involved in projects such as the Hillgrove Project.

Average Trading Volume: 5,096,418

Technical Sentiment Signal: Buy

Current Market Cap: A$255M

Learn more about LRV stock on TipRanks’ Stock Analysis page.

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