Australia's Bounty Oil & Gas falls on discounted placement
Shares of Bounty Oil & Gas fell as much as 21.1% to A$0.015 on Tuesday, their lowest since July 3. The oil and gas explorer will raise A$3.5 million ($2.49 million) through a placement at an issue price of A$0.012 per share, representing a 36.8% discount. The company also entered into a binding share sale agreement to