Australia's Battery Minerals jumps on premium placement

Waratah Minerals

08/12/2023 02:07

** Shares of Battery Minerals  BAT.AX  rise as much as 11.4%
to A$0.039, posting their biggest intraday percentage gain since
Nov. 1
    ** Stock hits its highest level since Dec. 1
    ** Mineral explorer says it has raised A$560,880 
($370,461.24) via placement at A$0.038 per share
    ** Placement price represents a 8.6% premium on co's last
close
    ** About 384,872 shares change hands, compared with the
30-day average volume of 139,504
    ** Stock down 70.8% YTD, based on last close

($1 = 1.5140 Australian dollars)

 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.govindrao@thomsonreuters.com;))