ASX-listed Golden Rim slumps on $1.5 mln discounted placement
02/02/2023 03:15
** Shares of Golden Rim Resources Ltd GMR.AX slide as much
as 8.3% to A$0.033, eyeing their worst day since Jan. 23
** Gold miner says receipt of firm commitments for
approximately A$2.2 mln ($1.57 mln) for its entitlement offer
shortfall placement
** Placement price of A$0.03 represents a 33.3% discount to
co's last closing price of A$0.04 on Jan 1
** Says the placement fundraise allows it to establish
potential resource at Bereko gold prospect in West Africa
** Stock up 16.1% this year, as of last close
($1 = 1.4002 Australian dollars)
(Reporting by Poonam Behura in Bengaluru)
((Poonam.Behura@thomsonreuters.com;))