BUZZ-Australia's Corazon Mining slides on discounted placement
Reuters
Dec 03, 2025
BUZZ-Australia's <a href="https://laohu8.com/S/CZN.AU">Corazon Mining</a> slides on discounted placement
** Corazon Mining CZN.AX slides as much as 19.4% to A$0.145; marks biggest intraday pct loss since October 17
** Stock hits lowest since November 27
** Mineral explorer receives firm commitments to raise A$1.8 million ($1.2 million) via placement at A$0.15
** Offer price represents 16.7% discount to last close
** Funds will be used to accelerate the maiden drill programme at Feather Cap and Two Pools Gold Projects in Western Australia
** About 877,186 shares traded, 5.8x the 30-day average
** YTD, CZN up 50%
($1 = A$1.5216)
(Reporting by Ananya Verma in Bengaluru)
((ananya.verma@thomsonreuters.com;))
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