Australia's True North Copper rises on premium placement
28/03/2024 02:53
** Shares of True North Copper TNC.AX rise as much as 8.3%
to A$0.078, their highest since March 18
** The specialty metals miner to raise A$5 mln ($3.27 mln)
at an issue price of A$0.12 per share
** Issue price represents a 66.7% premium to TNC's last
close
** Stock down ~31% YTD, as of last close
($1 = 1.5300 Australian dollars)
(Reporting by Neha Soni in Bengaluru)
((Neha.Soni@thomsonreuters.com))