Australia's Dart Mining falls most in 3-weeks on share placement

Dart Mining NL

20/10/2023 04:00

** Shares of Dart Mining Nl  DTM.AX  fall 9.1% to A$0.020,
in their biggest drop since Sept 28
    ** Gold and base metal explorer receives firm commitments to
raise A$375,000 ($237,075) through a placement
    ** Issue price of A$0.018/shr is an 18% discount to stocks's
last close
    ** Co also undertakes pro-rata non-renounceable entitlement
offer to raise additional A$1.16 mln
    ** Stock down 60% YTD as of last close
 
 ($1 = 1.5818 Australian dollars)

 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))