PVW Resources Limited (AU:PVW) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
PVW Resources Limited has announced a successful capital raise of A$1,150,000 to fund the acquisition of Scanty Mineracao Ltda, a Brazilian company with a portfolio of rare earth element projects. This strategic move positions PVW in the growing Brazilian rare earths industry and the funds will also support exploration, assess other project opportunities, and provide working capital. A shareholders’ meeting is to be convened to address the acquisition and share placement details.
For further insights into AU:PVW stock, check out TipRanks’ Stock Analysis page.