BUZZ-Golden Deeps falls on discounted placement

Reuters
2025/10/17
BUZZ-<a href="https://laohu8.com/S/GED.AU">Golden Deeps</a> falls on discounted placement

** Golden Deeps GED.AX falls as much as 6% to A$0.078; set for worst session since August 29

** Diversified mineral explorer raises A$3.5 mln ($2.3 mln) via placement

** Issue price of A$0.08 represents 3.6% discount to last close

** Fund to be used for exploration of its Otavi Mountain Land Critical Metals Projects, others

** YTD, GED surges 212%

($1 = A$1.5458)

(Reporting by Anjali Singh in Bengaluru)

((anjali.singh2@thomsonreuters.com;))

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