Australia-based Revolver Resources hits 1-month high on premium placement

Revolver Resources Holdings

25/10/2023 01:56

** Shares of Australia-based copper explorer Revolver
Resources  RRR.AX  rise as much as ~21.1% to A$0.115, highest
since Sept. 25
    ** Co says completed an additional A$3 mln ($1.91 mln) in
new equity funding 
    ** Issue price of A$0.20 per share represents a premium of
110.5% to RRR's last close
    ** Issue of 15 mln shares represents 0.19% of co's free
float of 75.05 mln shares - LSEG data
    ** RRR down 59.6% YTD, as of last close

($1 = 1.5684 Australian dollars)

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