BUZZ-Australia's Greenvale Energy slumps on discounted placement
Reuters
Nov 06
BUZZ-Australia's Greenvale Energy 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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