Australia's NickelSearch rises on acquiring WA lithium tenements

Antares Metals

12/12/2023 02:22

** Shares of Australia's NickelSearch  NIS.AX  rise as much
as 17.7% to A$0.093, marking their biggest intraday pct gain
since Nov 20
    ** The mineral resource co announces major expansion of 87.1
km of highly prospective lithium tenure in Western Australia
(WA)
    ** Co adds plans to accelerate exploration at new tenements
with intention of defining drill-ready targets in 1H CY24
    ** Around 17 mln shares change hands, vs 30-day average
volume of 12.8 mln shares
    ** NickelSearch stock down 43.7%, YTD  

    

 (Reporting by Roshan Thomas in Bengaluru)
 ((Roshan.Thomas@thomsonreuters.com))