Larvotto Resources Limited ( (AU:LRV) ) has provided an announcement.
Larvotto Resources Limited has issued 771,109 fully paid ordinary shares to acquire the Echidna Gully accommodation facility in Hillgrove, New South Wales. These shares were issued without shareholder approval under the company’s placement capacity, allowing for their sale under specific exemptions. This move signifies Larvotto’s strategic expansion and operational growth, potentially impacting its market positioning and stakeholder interests.
More about Larvotto Resources Limited
Larvotto Resources Limited operates in the resources sector, focusing on the acquisition and development of resource-based assets. The company is listed on the ASX under the ticker LRV and is involved in projects such as the Echidna Gully accommodation facility in Hillgrove, New South Wales.
YTD Price Performance: 111.00%
Average Trading Volume: 4,945,952
Technical Sentiment Signal: Hold
Current Market Cap: A$360.8M
Learn more about LRV stock on TipRanks’ Stock Analysis page.