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IPT Impact Minerals News Story

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Basic MaterialsSpeculativeMicro CapSucker Stock

Australia's Impact Minerals falls to 3-month low on discounted placement

** Impact Minerals IPT.AX slips as much as 15% to A$0.51, lowest since December 24, 2025

** Set for worst session since December 2, 2025

** Mineral explorer receives firm commitments for A$2 mln ($1.4 mln) placement

** Issue price of A$0.05 represents 16.7% discount to last close price

** Proceeds will be used for ongoing test work, feasibility Studyscosts for Lake Hope and Salmon Gims Project, others

** YTD, IPT gains 1.9%

($1 = A$1.4575)

 (Reporting by Anjali Singh in Bengaluru)

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

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