Orosur Mining falls 15% after discounted placing announcement
Minerals explorer and developer Orosur Mining Inc (AIM:OMI, TSX-V:OMI) shares fell 15% to 16.92p after it announced a private placement priced below the previous closing share price. The company plans to sell up to 43.75 million units at C$0.32 each, approximately 17p, to raise gross proceeds of up to C$14 million.