PVW Resources Limited announced a private placement of 23,750,000 shares at an issue price of AUD 0.40 per share for gross proceeds of AUD 9,500,000 on April 6, 2022. The transaction will include participation from existing and new institutional and new high net worth investors. The company will receive funding in tranches. For Tranche 2, the Company will seek shareholder approval at a meeting to be convened in May 2022. The company will issue 4,200,000 options exercisable at AUD 0.60 with an expiry date of two years from the date of issue