BUZZ-Australia's Perpetual Resources slips on discounted placement

Reuters

Aug 05, 2025

** Perpetual Resources PEC.AX slips 11.1% to A$0.024; set for weakest trading session since July 24

** Critical minerals explorer receives firm commitments to raise A$1.6 million ($1 million) via placement

** Issue price of A$0.022 represents 18.5% discount to last close

** Funds will be used to advance co's ongoing exploration activities in Brazil

** More than 4 mln shares traded vs 30-day avg of ~3.2 mln

** YTD, PEC gains 84.6%

($1 = A$1.5477)

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))

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set for weakest trading session since July 24** Critical minerals explorer receives firm commitments to raise A$1.6 million  via placement** Issue price of A$0.022 represents 18.5% discount to last close** Funds will be used to advance co's ongoing exploration activities in Brazil** More than 4 mln shares traded vs 30-day avg of ~3.2 mln** YTD, PEC gains 84.6%  ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PEC.AU":"PERPETUAL RESOURCES LTD","BK7104":"黄金"},"translate_title":"BUZZ-澳大利亚永久资源公司因配售折扣而下滑","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PEC.AU":0.9},"content_text":"BUZZ-Australia's Perpetual Resources slips on discounted placement** Perpetual Resources PEC.AX slips 11.1% to A$0.024; set for weakest trading session since July 24** Critical minerals explorer receives firm commitments to raise A$1.6 million ($1 million) via placement** Issue price of A$0.022 represents 18.5% discount to last close** Funds will be used to advance co's ongoing exploration activities in Brazil** More than 4 mln shares traded vs 30-day avg of ~3.2 mln** YTD, PEC gains 84.6%($1 = A$1.5477) (Reporting by Nikita Maria Jino in Bengaluru) ((Nikita.Jino@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}