ATT — Altitude Minerals News Story

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Australia's Altitude Minerals slips to record low on discounted placement

17/09/2026 03:38

BUZZ-Australia's Altitude Minerals slips to record low on discounted placement

** Shares of Australia's Altitude Minerals ATT.AX drop as much as 31.3% to a record low of A$0.006

** Stock marks its biggest intraday pct fall since mid-September 2024

** The diversified miner raises A$1.215 million ($861,921) placement at an issue price of A$0.005 per share

** Issue price represents a 37.5% discount to stock's last close

** Proceeds of placement to be used for drilling at company's Firenze & Winnemucca Projects in Nevada, others

** About 7.2 million shares change hands, 3.4x the 30-day average

** YTD stock down 78%, including session moves

($1 = 1.4096 Australian dollars)

(Reporting by Swetha Lakshmi in Bengaluru)