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Alvo Minerals Boosts Entitlement Offer with Free Options, Targets $1.56M Raise
11:43pm on Monday 2nd of June, 2025 AEST
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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
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Alvo Minerals (ASX:ALV)
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