BUZZ-Australia's Anson Resources slips on discounted placement

Reuters
11/21
BUZZ-Australia's <a href="https://laohu8.com/S/ANSNF">Anson Resources</a> slips on discounted placement

** Shares of Anson Resources ASN.AX fall 21% to A$0.079, their biggest intraday pct loss since September 26, 2022

** Stock posts its lowest level since November 6

** The mineral resources firm says firm commitments received to raise A$14 million ($9.04 million) at an issue price of A$0.08 per share

** Offer price at a 20% discount to the stock's last close

** Funds will be used to advance the Green River Lithium Project exploration programme, others

** About 20 million shares traded, 5.2x the 30-day average

** YTD, stock up 12.9%, including current session's move

($1 = 1.5494 Australian dollars)

(Reporting by Ananya Verma in Bengaluru)

((ananya.verma@thomsonreuters.com;))

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