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ASN — Anson Resources News Story

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Australia's Anson Resources rises on potential lithium offtake deal

BUZZ-Australia's Anson Resources rises on potential lithium offtake deal

** Shares of Anson Resources ASN.AX rise as much as 5.7% to A$0.0465, their highest since September 11

** Stock logs its largest intraday pct gain since September 4

** Mineral resources co enters into a non-binding MOU with specialist metals and minerals trader Wogen Resources America and critical-minerals financing adviser Xcelsior Capital Advisors

** The firms will evaluate and negotiate a potential long-term offtake arrangement for about 2,000 to 6,000 tonnes per annum of lithium carbonate equivalent from Anson’s Green River Lithium Project in Utah, USA

** Co adds, it will evaluate and negotiate potential financing or investment in the Green River Lithium Project by Xcelsior, working in partnership with Wogen

** YTD, stock down about 31%


(Reporting by Tejas Harish in Bengaluru)

((tejas.harish@thomsonreuters.com;))

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