Australia's Firefinch falls most in a month on discounted share purchase plan

Firefinch

25/11/2021 24:04

** Shares of Firefinch Ltd  FFX.AX  fall as much as 9.2% to
A$0.64, set for their worst intraday session since Oct 25
    ** Gold & lithium miner says https://www.asx.com.au/asxpdf/20211125/pdf/453d3t2jfz1kw5.pdf
 share purchase plan heavily oversubscribed totalling about
A$51.36 mln($36.97 mln)
    ** SPP closed on 19 Nov whereby shareholders could subscribe
up to A$30,000 shares in FFX at an issue price of A$0.58 per New
Share
    ** Issue price represents 17.7% discount as of Wednesday's
close
    ** Stock trades at its lowest since Nov 18
    ** Stock has risen 291.7% YTD as of last close 


($1 = 1.3891 Australian dollars)

 (Reporting by Aneetta Thomas in Bengaluru)
 ((Aneetta.Thomas@thomsonreuters.com;))