Target Energy Ltd (ASX:TEX) and Golden Rim Resources Ltd (ASX:GMR) are early fallers on the ASX during Monday.
Target Energy has fallen 50% to $0.001 as a seller has met the bid offer.
The company recently had some interesting news, with Perth‐based InvestMet Ltd agreeing to provide a debt facility of $1,000,000, with an option to extend the facility by a further $1,000,000.
Golden Rim shares are off 25% to $0.003 in the same trading scenario as Target Energy.
Golden Rim is currently raising up to $2.5 million for infill drilling at the Kouri Gold Project, located in Burkina Faso.
The drilling is expected to deliver a maiden JORC Resource at the by the end of 2017.
Company Name · Code · Last · Change · Volume
Target Energy · TEX · $0.001 · -50% · 2,922,224
Golden Rim Resources Ltd · GMR · $0.003 · -25% · 1,222,000
Matador Mining Ltd · MZZ · $0.190 · -17.39% · 45,000
Datadot Technology · DDT · $0.005 · -16.67% · 1,250,000
Ausnet Financial Services Ltd · AU1 · $0.020 · -13.04% · 1,500,000
Australian Potash Ltd · APC · $0.110 · -12% · 464,322
Lion Selection Group Ltd · LSX · $0.380 · -11.63% · 45,000
Oro Verde Ltd · OVL · $0.008 · -11.11% · 1,803,530
Boyuan Holdings Ltd · BHL · $0.205 · -10.87% · 10,000