BUZZ-Australia's Caprice Resources at more than one-month low on discounted placement

Reuters
2024-10-31

** Caprice Resources slips as much as 13.3% to A$0.026, its biggest intraday fall since Sept. 4

** Stock hits lowest since Sept. 27

** Mineral explorer raises A$2.5 mln ($1.6 mln) through placement of new shares at A$0.024, which is a 20% discount to last close

** Says funds will be used to advance exploration efforts at its Murchison Gold Project

** Over 1 mln shares traded, 3x the 30-day avg

** CRS down 13.3% YTD

($1 = A$1.5221)

(Reporting by Adwitiya Srivastava in Bengaluru)

((Adwitiya.Srivastava@thomsonreuters.com;))

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