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 shared an update.
Larvotto Resources Limited has successfully completed a US$105 million Senior Secured Bond Issue, fully subscribed due to strong investor interest from both Australian and international funds focused on natural resources and renewable energy. The proceeds will fund the restart of the Hillgrove Antimony and Gold Project in New South Wales, marking a significant milestone for the company. This bond issuance, managed by Clarksons Securities AS, is seen as a strong endorsement of the project’s potential returns and will enable mining operations to commence by Q2 2026 without the constraints of metal hedges, royalties, or marketing fees.
More about Larvotto Resources Limited
Larvotto Resources Limited is a company engaged in advancing a portfolio of mineral projects, including the Hillgrove Gold-Antimony Project in New South Wales, a copper, gold, and cobalt project near Mt Isa in Queensland, a multi-metals and lithium project near Norseman in Western Australia, and a gold exploration project in New Zealand. The company is supported by a board with expertise in exploration, corporate finance, ESG, and corporate culture.
Average Trading Volume: 3,850,054
Technical Sentiment Signal: Buy
Current Market Cap: A$325.8M
For a thorough assessment of LRV stock, go to TipRanks’ Stock Analysis page.