Australia's Avenira jumps most in 3 months on phosphate project funding

Avenira

06/12/2023 04:15

** Shares of Avenira Ltd  AEV.AX  rise as much as 7.1% to
A$0.015
    ** Battery metals explorer says it has successfully
completed a placement to raise about A$5 million
    ** Adds proceeds from the placement will be used primarily
to progress the development of its phosphate projects
    ** About 13.7 mln shares change hands, compared with the
30-day average volume of 3.5 mln shares
    ** Stock down 26.3% YTD as of last close

 (Reporting by Megha Rani in Bengaluru)
 ((Megha.Rani2@thomsonreuters.com;))