Australia's Winsome Resources at more than 2-year low on discounted placement
17/02/2025 01:41
** Winsome Resources WR1.AX plunges as much as 27.1% to
A$0.310, lowest since September 2022
** Lithium miner secures A$7.8 mln ($4.96 mln) placement at
issue price of A$0.36, a 15.3% discount to last close
** Funds will be used to develop co's Adina Lithium Project
in Quebec
** Stock down 25.3% YTD
($1 = A$1.5738)
(Reporting by Manasi Dasa Sundeep in Bengaluru)
((Manasi.DasaSundeep@thomsonreuters.com;))
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