Australia's West Wits Mining falls on discounted capital raise

West Wits Mining

15/09/2025 03:12

** Shares of Australia's West Wits Mining WWI.AX fall as much as 12.8% to A$0.041, its lowest level since September 8

** Precious and base metals miner secures capital raising of A$17.5 million ($11.65 million) at issue price of A$0.04 per share
** Issue price at a discount of 14.9% to stock's last close
** Near 29 million shares change hands, vs 30-day average volume of 14.3 million shares
** Stock has risen 221.4% this year, as of 0206 GMT

($1 = 1.5022 Australian dollars)

 (Reporting by Roshan Thomas in Bengaluru)

 ((Roshan.Thomas@thomsonreuters.com;))