By Adwitiya Srivastava — Mar 05 - 07:36 PM
• Shares of TG Metals rise 38.1% to A$0.14, their highest level since January 13
• Mineral resource explorer says it acquired 80% of the Van Uden Gold Project in Western Australia
• Deal for an upfront cash payment of A$2.5 million ($1.58 million) and issue of 5.7 mln fully paid ordinary shares in co
• Stock rose as much as 71.4% earlier in the day, marking its biggest intraday gain since October 30, 2023
• TG6 down 10% YTD
($1 = 1.5785 Australian dollars)
(Reporting by Adwitiya Srivastava in Bengaluru)
Source:
London Stock Exchange Group | Thomson Reuters
