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Carnavale Resources Launches $4.09M Entitlement Issue Ahead of 15:1 Consolidation
8:24am on Monday 13th of October, 2025 AEDT
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Mining
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Carnavale Resources Launches $4.09M Entitlement Issue Ahead of 15:1 Consolidation
8:24am on Monday 13th of October, 2025 AEDT
Key Points
Fully underwritten pro-rata non-renounceable entitlement issue at $0.004 per share
One free attaching share for every seven shares subscribed
Proposed 15 – 1 share consolidation pending shareholder approval at November AGM
Funds earmarked for feasibility studies, exploration, heritage surveys, and working capital
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Carnavale Resources (ASX:CAV)
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