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Larvotto Resources Limited ( (AU:LRV) ) just unveiled an announcement.
Larvotto Resources Limited has engaged Clarksons Securities to arrange fixed income investor calls, potentially leading to the issuance of a USD-denominated senior secured bond worth approximately $100 million. The proceeds from this bond, along with existing funds, are intended to finance the re-start of the Hillgrove Antimony and Gold Project, which could significantly impact the company’s operations and market positioning.
More about Larvotto Resources Limited
Larvotto Resources Limited is a company focused on advancing its portfolio of mineral projects, which include the Hillgrove Gold-Antimony Project in New South Wales, the Mt Isa copper, gold, and cobalt project in Queensland, the Eyre multi-metals and lithium project in Western Australia, and a gold exploration project in New Zealand. The company is supported by a board with expertise in exploration, corporate finance, and ESG.
Average Trading Volume: 3,919,893
Technical Sentiment Signal: Buy
Current Market Cap: A$292.8M
Learn more about LRV stock on TipRanks’ Stock Analysis page.