Australia's Aurumin rises on premium placement and sale of mining lease

DM KER Nyrt

28/12/2023 02:41

** Shares of Aurumin Ltd  AUN.AX  rise as much as 18.2% to
A$0.026, on track for their best day in over a month, if current
gains hold
    ** Mineral explorer receives commitments to raise A$1.25 mln
($858,250.00) at an issue price of A$0.025 - 13.6% premium to
last closing price
    ** Adds co has completed sale of Mt Dimer mining leases and
miscellaneous licences in Western Australia to Beacon Minerals
 BCN.AX  for A$3 mln  
    ** Stock marks its highest level in three weeks
    ** About 1.3 mln shares change hands, compared with the
30-day average volume of 189,619
    ** Stock has fallen 63.9% YTD as of last close

($1 = 1.4565 Australian dollars)

 (Reporting by Rajasik Mukherjee in Bengaluru)
 ((Rajasik.Mukherjee@thomsonreuters.com))