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An update from Tivan Limited ( (AU:TVN) ) is now available.
Tivan Limited has secured $15 million through a share placement, with significant backing from ETFS Capital, which will become a substantial shareholder. The funds will be used to acquire the Molyhil Project and support exploration and development activities across Tivan’s projects. This strategic investment positions Tivan to advance its operations and strengthen its market presence in the resources sector.
More about Tivan Limited
Tivan Limited operates in the resources sector, focusing on projects related to fluorite and vanadium. The company is involved in the acquisition and development of mineral projects, including the Speewah Fluorite Project in Western Australia and the Molyhil Tungsten-Molybdenum Project in the Northern Territory.
Average Trading Volume: 1,127,528
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$218.4M
Learn more about TVN stock on TipRanks’ Stock Analysis page.