** Shares of Silver Mines slide as much as 21.7% to A$0.09, their lowest level since Oct. 3
** The silver miner receives firm commitments for a A$25 mln placement at A$0.092/shr, a 20% discount to last close on Thurs
** Trading volume of ~24 mln shares is 3.4x the 30-day avg
** Stock had fallen 28% this year as of last close
(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.