BUZZ-Australia's Trigg Minerals hits 3-week low on discounted placement

Reuters
16 Oct 2024

** Shares of Trigg Minerals fall as much as 8.3% to A$0.028, their lowest levels in three weeks

** The mineral explorer receives commitments to raise A$2.5 mln ($1.67 mln) through the issue of 100 mln shares

** Issue price of A$0.025 at a discount of 16.7% to stock's last closing price

** Says proceeds will be used for advancement of Achilles Antimony, Taylors-Arm and Spartan Antimony project, among others

** Stock up 185% YTD, including current session's moves

($1 = 1.4934 Australian dollars)

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10