Australia's VDM Group rises; co secures commitments for $4.4 mln

VDM

06/12/2018 01:28

** Shares of mining operator VDM Group Ltd  VMG.AX  rise as
much as 50 pct to A$0.003
    ** Co secured commitments for A$6 mln ($4.4 mln) via a
private placement offer at a price of $0.01 per share
 urn:newsml:reuters.com:*:nFWN1Y90N6
    ** About 1.8 mln shares change hands, compared with the
30-day average of around 1.3 mln shares
    ** Stock up 100 pct this year as of last close
    
($1 = 1.3789 Australian dollars)

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