Golden Deeps falls on discounted placement

Golden Deeps

17/10/2025 05:18

** Golden Deeps GED.AX falls as much as 6% to A$0.078; set for worst session since August 29

** Diversified mineral explorer raises A$3.5 mln ($2.3 mln) via placement

** Issue price of A$0.08 represents 3.6% discount to last close

** Fund to be used for exploration of its Otavi Mountain Land Critical Metals Projects, others

** YTD, GED surges 212%

($1 = A$1.5458)

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))