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Carnavale Resources Announces $3 Million Placement and Underwritten Rights Issue

Summary by sharecafe.com.au
Carnavale Resources Limited (ASX: CAV) has announced it will raise approximately $3 million through a placement to professional and sophisticated investors. Carnavale Resources is focused on exploring and developing resource projects. Its primary focus is advancing the Kookynie Gold Project in the Eastern Goldfields of Western Australia. The placement will involve issuing approximately 857.1 million shares at $0.0035 per share. The company has a…
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sharecafe.com.au broke the news in on Sunday, October 5, 2025.
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