Comments from the CVV managing director on the support received from "high quality domestic and international institutional investors".
"outstanding support received from both domestic and international institutions"
"one of the few long-life copper development assets on the horizon globally, with the added attraction of being located in a Tier-1 jurisdiction close to world-class infrastructure and services"
"supported by Caravel’s existing shareholders and will also see a number of new investors join the register"
"The introduction of these high-quality institutions, together with the support of existing shareholders has ensured..."
Institutional investors received shares, and options to be listed on the ASX with an excise of $0.33 and will expire in approx 2025.
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Caravel Copper Project - Bankable Feasibility Study, page-44
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