** Buxton Resources BUX.AX slides 12.9% to A$0.027, lowest since March 17
** Diversified miner gets firm commitments for A$3 mln ($1.8 mln) placement
** Issue price of A$0.025 represents 19.4% discount to close on April 2, following which trading was halted
** Co says funds will be used to assess ongoing projects and for drilling and exploration at Centurion and Madman projects, which are expected to begin in Q2 and Q3 of CY2025 respectively
** BUX sheds 24.4% this year, as of last close
($1 = A$1.6656)
(Reporting by Sherin Sunny in Bengaluru)
((Sherin.Sunny@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.