March 11 (Reuters) - Carnavale Resources Ltd CAV.AX :
* TO ACQUIRE BARRACUDA PGE-NI-CU PROJECT AND PLACEMENT
* COMMITMENTS RECEIVED TO RAISE $2.1 MILLION VIA PLACEMENT
* TO ISSUE 300 MILLION SHARES AT AN ISSUE PRICE OF $0.007 PER SHARE
* PROPOSES TO ISSUE 300 MILLION SHARES AT AN ISSUE PRICE OF $0.007 PER SHARE
* CO TO ISSUE 150 MILLION FREE ATTACHING OPTIONS EXERCISABLE AT $0.01 ON OR BEFORE 31 JULY 2022