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Carnavale hits the accelerator at Kookynie with capital raise

Summary by Stockhead
Carnavale raises $3m via a placement Eligible shareholders will have the opportunity to take part in a non-renounceable entitlement offer to raise up to $4.09m The company is focused on moving Kookynie to mine readiness during 2026   Special report: Carnavale Resources is shifting into high gear, locking in firm commitments for a $3m placement and launching a rights issue for up to another $4.09m, to fast-track development of the Kookynie gold p…
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Stockhead broke the news in on Monday, October 6, 2025.
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