Australia's Corazon Mining falls on discounted placement
18/06/2024 03:35
** Shares of Corazon Mining CZN.AX fall as much as 12.5%
to A$0.007, set to lose most since June 11 - if current trends
hold
** Mineral explorer receives commitments to raise A$340,000
at issue price of A$0.0065 per share
** Co says issue price is at 19% discount to stock's last
close
** Stock hits its lowest level since June 12
** 1.4 mln shares change hands, compared with the 30-day
average volume of 368,417
** Stock is down 46.7% this year as of last close
(Reporting by Rajasik Mukherjee in Bengaluru)
((Rajasik.Mukherjee@thomsonreuters.com;))
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