middle.news

Alvo Minerals Boosts Entitlement Offer with Free Options, Targets $1.56M Raise

11:43pm on Monday 2nd of June, 2025 AEST Mining
Read Story

Alvo Minerals Boosts Entitlement Offer with Free Options, Targets $1.56M Raise

11:43pm on Monday 2nd of June, 2025 AEST
Key Points
  • Entitlement offer revised to include 1 free option per 2 new shares
  • Offer price set at $0.020 per share with options exercisable at $0.05
  • Targeted raise of approximately $1.56 million for exploration and working capital
  • Funds allocated mainly to ongoing projects in Brazil and new project assessments
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Alvo Minerals (ASX:ALV)
OPEN ARTICLE