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SPR — Spartan Resources News Story

0.000.00%
au flag iconLast trade - 00:00
Basic MaterialsAdventurousMid Cap

Australia's Spartan Resources slides on discounted placement

** Spartan Resources  SPR.AX  falls as much as 3.5% to
A$1.370
    ** Mineral explorer announces A$220 mln ($141.3 mln)
placement to accelerate re-commencement of operations at
Dalgaranga gold project
    ** Offer price of A$1.32 represents 7% discount to last
close
    ** Stock posts biggest intraday pct fall since Nov. 26
    ** SPR up 174.8% this year, as of last close

($1 = A$1.5567)

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))

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