Alvo Minerals Limited ( (AU:ALV) ) has provided an update.
Alvo Minerals Limited has announced an extension to the closing date of its pro-rata non-renounceable entitlement offer, allowing eligible shareholders more time to participate. The offer includes the issuance of new shares and options, with the revised closing date set for 13 May 2025. This extension provides shareholders additional time to invest, potentially impacting the company’s capital structure and market positioning.
More about Alvo Minerals Limited
Alvo Minerals Limited is an Australian minerals exploration company with a strong focus on base and precious metals exploration in central Brazil. The company is actively involved in exploring high-grade copper and zinc at its Palma Copper Zinc Project in Tocantins State, Brazil, and is also pursuing Rare Earth Elements (REE) exploration at its Bluebush and Ipora projects. Alvo aims to grow through discovery and is committed to strong stakeholder relations and community support.
YTD Price Performance: -2.00%
Average Trading Volume: 188,614
Technical Sentiment Signal: Buy
Current Market Cap: A$8.61M
Find detailed analytics on ALV stock on TipRanks’ Stock Analysis page.