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BKT - Black Rock Mining News Story

A$0.17 0.0  3.0%

Last Trade - 1:45am

Sector
Basic Materials
Size
Small Cap
Market Cap £64.7m
Enterprise Value £63.3m
Revenue £0.929k
Position in Universe 822nd / 1912

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

Mon 11th March, 2019 2:26am
** Shares of Black Rock Mining Ltd  BKT.AX  fall as much as
6.9 pct to A$0.067, their lowest level since Feb 8
    ** The graphite miner raises A$3 mln ($2.11 mln) through an
oversubscribed placement comprising 46.2 mln fully paid ordinary
shares at A$0.065 per share  urn:newsml:reuters.com:*:nASX3bTYpP
    ** Issue price represents a 9.7 pct discount to co's last
close of A$0.072
    ** Stock posts its biggest intraday pct fall since Feb 26
    ** On track for third straight session of loss 
    ** Stock up 89.5 pct this year, as of last close 



($1 = 1.4215 Australian dollars)

 ((Shriya.Ramakrishnan@thomsonreuters.com; +918067491695;
Reuters Messaging:
shriya.ramakrishnan.thomsonreuters.com@reuters.net))
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