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TDUX
Nov 03 - 09:55 PM
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Gold - Australia's Felix Gold Plunges To Over A Year Low On Discounted Placement

By Tejas Harish  —  Nov 03 - 07:44 PM

• Shares of Felix Gold plunge as much as 17.9% to A$0.115, their lowest point since April 7, 2025

• Stock logs largest intraday pct loss since January 30

• Gold discovery co to raise A$7.25 million($5.05 million)via placement at A$0.12 per share

• Placement price represents a discount of 14.3% to co's last close

• Co also launches share purchase plan of A$1 million at the same price as the placement

• YTD, stock down 66.2%

($1 = 1.4353 Australian dollars)

(Reporting by Tejas Harish in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters

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