Highlights
Larvotto Resources begins fixed income investor calls facilitated by Clarksons Securities
Bond issue under review to support restart of Hillgrove Antimony and Gold Project
Progress continues across portfolio assets in Australia and New Zealand
Larvotto Resources Ltd (ASX:LRV), listed on the ASX 300 and All Ordinaries, has initiated fixed income investor discussions through Clarksons Securities. The sessions are scheduled to begin mid-July and mark a significant step as the company explores a senior secured bond issuance aimed at financing the restart of the Hillgrove Antimony and Gold Project.
The funding strategy comes as the company prepares to mobilise restart capital expenditure for Hillgrove, following regulatory approval. This advancement further anchors Larvotto’s positioning in the Australian critical minerals and precious metals landscape.
Proceeds Target Hillgrove’s Restart and Expansion
Larvotto aims to allocate funds from the proposed bond issue, alongside existing reserves and other equity sources, to recommence operations at the Hillgrove site. The restart initiative aligns with the company’s broader objective of establishing Hillgrove as a critical contributor to global antimony and gold supply chains.
This development follows formal ratification from New South Wales planning authorities, who recently approved continued mining and processing activities at the site under the modified development application. With the necessary regulatory conditions met, the company now looks to consolidate its financing efforts and advance the restart timeline.
Fixed Income Instruments Highlighted Amid Strategy Shift
The company’s approach to raising capital through fixed income channels reflects an evolving funding strategy within the resource sector. Fixed income instruments, such as bonds, typically offer periodic payments and a predetermined maturity date, often appealing to those seeking stable capital deployment frameworks with lower volatility compared to traditional equity.
Larvotto’s decision to pursue this pathway underscores the financial structuring required to support large-scale project revivals. The contemplated bond is designed with a defined tenure and secured format, aligning with industry norms for project finance.
Portfolio Activity Expands Across Key Mineral Hubs
Beyond Hillgrove, Larvotto continues to progress a diversified mineral portfolio across Australia and New Zealand. In Queensland, the company is advancing its Mt Isa project, which is prospective for copper, cobalt, and gold. This project is located near the well-established Mt Isa mining centre and adds significant strategic value to Larvotto’s development narrative.
In Western Australia, the Eyre multi-metals and lithium project located east of Norseman forms another cornerstone of the company’s portfolio. Additionally, Larvotto holds a gold exploration tenement in New Zealand’s North Island, strengthening its international exploration profile.