Australia's Piche Resources rises on premium placement to fund Argentina exploration

Piche Resources

07/11/2025 01:22

** Shares of Piche Resources PR2.AX rise as much as 16.1% to A$0.18, their highest level since October 22

** Uranium and precious metals explorer to raise A$2.0 million ($1.30 million) via placement to advance its exploration across Argentine projects

** Issue price of A$0.17 represents a 9.7% premium to the stock's last close

** Stock last up 6.5% bringing YTD gains to ~94%

($1 = 1.5389 Australian dollars)

 (Reporting by John Biju in Bengaluru)

 ((John.Biju@thomsonreuters.com;))