Australia's Golden Deeps falls on discounted placement
06/09/2024 01:50
** Shares of Golden Deeps GED.AX fall as much as 12.2% to
A$0.065, set for worst day since Aug. 23, if current losses hold
** Mineral explorer says received firm commitments to raise
A$1.78 mln ($1.20 mln)
** Placement at A$0.059 per share is at a 20.3% discount to
stock's last close
** Funding for further drilling at Havilah Project in South
Australia - co
** GED up 60.9% YTD, as of last close
($1 = 1.4841 Australian dollars)
(Reporting by Adwitiya Srivastava in Bengaluru)
((Adwitiya.Srivastava@thomsonreuters.com;))