Australia's Warriedar Resources hits over 1-mth low on discounted placement

Warriedar Resources

06/09/2023 01:56

** Shares of Warriedar Resources Ltd  WA8.AX  fall as much
as 3.8% to A$0.077, their lowest level since July 31
    ** Gold explorer to raise A$5.5 mln ($3.50 mln) at an issue
price of A$0.07 per share 
    ** Issue price represents 12.5% discounts to stock's last
close 
    ** Co sees biggest intraday fall since Aug. 24
    ** Shares of co are down 52.9% YTD as of last close 
   


($1 = 1.5706 Australian dollars)

 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))