Cavalier Resources Ltd announces extension of rights issue timetable

Cavalier Resources Limited (ASX:CVR) has extended the Closing Date for its non-renounceable rights issue to Wednesday, 16 October 2024. The Rights Issue is open to all eligible shareholders with registered addresses in Australia and New Zealand who hold shares on the Record Date.

Executive Commentary on Rights Issue Extension

The decision to extend the Closing Date for the Rights Issue was made to provide Eligible Shareholders with additional time to carefully consider the opportunity and submit their applications. We believe that this extension will enable more shareholders to participate in the Rights Issue, aligning with our commitment to ensuring inclusivity and fair access to all eligible shareholders.

Summary of Cavalier Resources Ltd's Rights Issue Extension

Cavalier Resources Limited (ASX:CVR) has announced the extension of the Closing Date for its non-renounceable rights issue, allowing eligible shareholders in Australia and New Zealand more time to evaluate and participate in the Rights Issue. The Company aims to facilitate broader shareholder involvement and engagement by providing this extended timeframe. This decision reflects Cavalier's dedication to fostering a transparent and inclusive process for its shareholders, emphasizing equitable access to the Rights Issue opportunity. The extension aligns with the Company's commitment to maintaining open communication and fair participation for all eligible shareholders. Cavalier Resources looks forward to the continued support and engagement of its shareholders as it progresses with the Rights Issue.