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BKT - Black Rock Mining News Story

A$0.17 0.0  3.0%

Last Trade - 14/05/21

Sector
Basic Materials
Size
Small Cap
Market Cap £66.7m
Enterprise Value £65.3m
Revenue £0.930k
Position in Universe 794th / 1913

BUZZ-Australia's Black Rock Mining hits 1-month low on discounted placement

Fri 16th August, 2019 5:49am
** Shares of Black Rock Mining Ltd  BKT.AX  drop as much as
5.3% to A$0.072, their lowest since July 16
    ** The graphite explorer says it raised A$3 mln ($2.04 mln)
through a share placement  urn:newsml:reuters.com:*:nASX6tfXBw
    ** Issue price of A$0.07 cents, a discount of 7.9% to its
last close 
    ** Placement of about 42.9 mln shares, represents ~9.4% of
co's free float
    ** Stock posts biggest intraday pct fall since Aug 6
    ** More than 749,000 shares change hands, compared with the
30-day average volume of about 677,500 shares
    ** Stock doubled in value this year, as of last close

($1 = 1.4736 Australian dollars)

 ((Niyati.N.Shetty@thomsonreuters.com; +918067497199;))
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