• Shares of Catalyst Metals rises as much as 6.4% to A$6.20, their biggest intraday gain since April 10

• Gold producer says it will acquire Old Highway Gold Deposit from peer Sandfire Resources for A$32.5 million

($20.99 million)

• Says the deposit is an attractive development opportunity as it sits on granted mining leases, among others

• Stock last up 6%, takes YTD gains to 140%
($1 = 1.5485 Australian dollars)

(Reporting by Kumar Tanishk in Bengaluru)

((; X: @thatstanishk Click here))