BUZZ-Australia's Greenvale Energy slumps on discounted placement

Reuters

2025/11/06

BUZZ-Australia's <a href="https://laohu8.com/S/GRV.AU">Greenvale Energy</a> slumps on discounted placement

** Shares of Greenvale Energy GRV.AX fall 9.1% to A$0.05, their lowest level since October 28

** Mineral explorer to raise A$1.05 million ($682,290) at A$0.044 per share** Issue price represents a discount of 20% to stock's last close** Stock up 47.1% YTD

($1 = 1.5389 Australian dollars)

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((Jasmeenaraislam.shaikh@thomsonreuters.com))

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