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Alvo Minerals Secures $2.26M to Fast-Track Palma Cu-Zn Exploration

9:24am on Thursday 27th of November, 2025 AEDT Mining
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Alvo Minerals Secures $2.26M to Fast-Track Palma Cu-Zn Exploration

9:24am on Thursday 27th of November, 2025 AEDT
Key Points
  • Placement raises approximately $2.26 million at $0.049 per share
  • Strong demand from new and existing sophisticated and institutional investors
  • Funds to accelerate drilling at Palma Cu-Zn Project and evaluate Rare Earth Element projects
  • Directors committed $60,000 subject to shareholder approval
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