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Caravel Minerals Doubles Regal Funding with $15 Million Royalty Deal
8:25am on Monday 15th of June, 2026 AEST
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Mining
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Caravel Minerals Doubles Regal Funding with $15 Million Royalty Deal
8:25am on Monday 15th of June, 2026 AEST
Key Points
New $15 million royalty funding via 0.75% net smelter return
Extension of existing $15 million loan facility maturity to March 2028
Regal Resources' total investment in Caravel Copper Project reaches $30 million
Funding aimed at feasibility study and corporate purposes
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Caravel Minerals (ASX:CVV)
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