Copper and gold miner Larvotto Resources tanks 35% on ASX debut

Larvotto Resources

06/12/2021 04:24

** Shares of Larvotto Resources  LRV.AX  sink as much as 35%
to A$0.13 on their ASX debut
    ** Copper and gold explorer raises https://www.asx.com.au/asxpdf/20211206/pdf/453v8b21w8163n.pdf
 A$6 mln($4.21 mln) at A$0.20 per share via IPO
    ** Says funds raised to support mining projects in
Queensland, Western Australia and New Zealand
    ** Over 1.3 mln LRV shares change hands
    
    ($1 = 1.4245 Australian dollars)

 (Reporting by Dhriti Garg in Bengaluru)
 ((dhriti.garg@thomsonreuters.com))