Australia's Alicanto hits 2-week high after deals for Swedish asset portfolio, others

Alicanto Minerals

14/05/2026 05:09

** Shares of Australia's Alicanto Minerals AQI.AX rise as much as 6.2% to A$1.71, their highest level since May 1

** Gains for the sixth straight session

** Mineral explorer announces a series of transactions for its Swedish asset portfolio, expansion of its Mt Henry Project footprint in Norseman, Western Australia

** Collectively, deals have the potential to deliver up to ~A$9 million ($6.52 million) in cash, and others

** Down 7.2% YTD, including the session's moves

($1 = 1.3795 Australian dollars)

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))