Australia's EV Resources gains on plan to buy Morocco tin project

Antimony Resources

26/05/2022 04:38

** Shares of the lithium-focused miner  EVR.AX  climb as
much as 5% to A$0.0042 - set for biggest daily pct rise since
May 20 if gains hold
    ** Co agrees on terms for an exclusive three-month option
with owners of Skiait Mining Co to acquire the Christina
Tin-Tungsten Project in central Morocco  urn:newsml:reuters.com:*:nASX2X1twK 
    ** Says acquisition price of $500,000 to be paid in tranches
    ** Stock down 31% this year, as of last close, vs a 4.3%
fall in the benchmark S&P/ASX 200 index  .AXJO  

 (Reporting by Roushni Nair in Bengaluru)
 ((Roushni.Nair@thomsonreuters.com;))