LRV 44.0% 18.0¢ larvotto resources limited

Ann: $5 Million Equity Raising, page-3

  1. 3,916 Posts.
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    Single tranche Placement of 47.6 million shares to raise $5 million (before costs)
    • Larvotto Resources is now well-funded to continue development and exploration at its flagship
    Hillgrove gold-antimony project (100%-owned)1 in New South Wales, Australia
    • Proceeds from the Placement will be focused on further development of the Hillgrove project
    including near-term completion of the Pre-Feasibility Study as well as exploration drilling to
    follow-up high-grade intersections, such as the recently announced 31m at 65.8g/t Au at Bakers
    Creek2 outside the existing Hillgrove JORC resource of 1.4Moz AuEq at 6.1g/t AuEq

    IMHO HODL Folks

    Regards

    DD
 
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