PVW Resources Limited (AU:PVW) has released an update.
PVW Resources Limited has announced a successful capital raise of $1.15 million through a share placement to fund the acquisition of Scanty Brazil, a holder of a significant portfolio of rare earth element projects in Brazil. This strategic move aims to explore and potentially expand in the rare earths market in Brazil, leveraging the country’s advanced REE projects and PVW’s expertise in the sector. The funds will also support ongoing exploration, project assessments, and general working capital needs.
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