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Alvo Minerals Secures A$1.25M Premium Placement to Accelerate Brazilian Exploration
10:33am on Friday 1st of May, 2026 AEST
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Mining
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Alvo Minerals Secures A$1.25M Premium Placement to Accelerate Brazilian Exploration
10:33am on Friday 1st of May, 2026 AEST
Key Points
A$1.25 million placement at 3 cents per share, 15% premium
Funds to support drilling and geophysical surveys in Brazil
6 million unlisted options issued to introducer, no cash fees
Placement shares issued without shareholder approval under ASX rules
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Alvo Minerals (ASX:ALV)
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