BUZZ-Australia's Dateline Resources eyes worst day in a month on discounted placement

Reuters

Jan 23

** Shares of Australia's Dateline Resources DTR.AX fall as much as 12% to A$0.33, their biggest intraday pct drop in a month

** Stock touches lowest level since January 14, 2026

** The gold and rare earths elements miner says it has raised A$35 million ($23.95 million) through placement

** Offer price of A$0.31 per share represents a 17.3% discount to co's last close

** Says placement funds to be used for completion of feasibility studies, increase exploration capacity, among others

** Stock drops 6% so far this week, set for its worst week since December 15, if current trend holds

** DTR rose over 6000% in 2025, up 57.8% YTD

($1 = 1.4613 Australian dollars)

(Reporting by Aamir Sheik Khalid in Bengaluru)

((Aamir.SheikKhalid@thomsonreuters.com))

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A$35 million  through placement** Offer price of A$0.31 per share represents a 17.3% discount to co's last close** Says placement funds to be used for completion of feasibility studies, increase exploration capacity, among others** Stock drops 6% so far this week, set for its worst week since December 15, if current trend holds** DTR rose over 6000% in 2025, up 57.8% YTD","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"DTR.AU":"Dateline Resources Ltd","BK7104":"黄金"},"translate_title":"BUZZ-澳大利亚Dateline Resources因配售折扣而面临一个月来最糟糕的一天","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DTR.AU":0.9},"content_text":"BUZZ-Australia's Dateline Resources eyes worst day in a month on discounted placement ** Shares of Australia's Dateline Resources DTR.AX fall as much as 12% to A$0.33, their biggest intraday pct drop in a month** Stock touches lowest level since January 14, 2026 ** The gold and rare earths elements miner says it has raised A$35 million ($23.95 million) through placement** Offer price of A$0.31 per share represents a 17.3% discount to co's last close** Says placement funds to be used for completion of feasibility studies, increase exploration capacity, among others** Stock drops 6% so far this week, set for its worst week since December 15, if current trend holds** DTR rose over 6000% in 2025, up 57.8% YTD($1 = 1.4613 Australian dollars)(Reporting by Aamir Sheik Khalid in Bengaluru)((Aamir.SheikKhalid@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":0,"need_auth":false,"code":"91000000","status":"200"}}}