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49M — 49 Metals News Story

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Australia's 49 Metals gains on gold find in Nevada project

BUZZ-Australia's 49 Metals gains on gold find in Nevada project

** Shares of 49 Metals 49M.AX rise as much as 32% to A$0.165, their highest since April 29

** Gold explorer discovers high grade gold at Gold Mountain project in Nevada, USA

** About 2.2 million shares change hands, 11.8x the 30-day average

** Stock down nearly 24.2% as of last close from March 31, its first day of ASX trading


(Reporting by Sherin Sunny in Bengaluru)

((Sherin.Sunny@thomsonreuters.com))

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