BUZZ-Australia's Evergold Minerals slumps on discounted placement
Reuters
Feb 06
BUZZ-Australia's Evergold Minerals slumps on discounted placement
** Shares of Evergold Minerals EG1.AX fall 12.8% to A$0.041, on track for worst day since Oct 24, if trend holds
** Minerals explorer raises A$5.2 million ($3.60 million) at an issue price of A$0.035 per share
** Issue price is at a discount of 25.5% to stock's last close
** Stock up 36.7% YTD, including current moves
($1 = 1.4453 Australian dollars)
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
((Jasmeenaraislam.Shaikh@thomsonreuters.com))
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