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Can Alvo Minerals’ $1.56M Entitlement Offer Accelerate Brazilian Exploration?
11:43pm on Monday 2nd of June, 2025 AEST
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Can Alvo Minerals’ $1.56M Entitlement Offer Accelerate Brazilian Exploration?
11:43pm on Monday 2nd of June, 2025 AEST
Key Points
Entitlement offer of 78.1 million new shares at $0.02 each
Free attaching options exercisable at $0.05 with 36-month expiry
Funds to advance Palma Cu/Zn Project and other Brazilian mineral projects
Offer includes institutional and retail components with a shortfall facility
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Alvo Minerals (ASX:ALV)
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