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AEU Atomic Eagle News Story

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Australia's Atomic Eagle hits over 4-month high on potential restart of Niger project

BUZZ-Australia's Atomic Eagle hits over 4-month high on potential restart of Niger project

** Shares of uranium explorer Atomic Eagle AEU.AX rise 21.9% to A$0.585, their highest level since Feb 2

** Stock on track for best day since Jan 22

** Co says top executives initiated discussions with Ministry of Mines for a new mining convention to frame the resumption of Madaouela Uranium Project in the Republic of Niger

** Adds negotiations remain non-binding and incomplete until any agreements are executed

** About 4.9 mln shares traded so far, more than 10 the 30-day average

** Stock up 51.3% YTD, including current session's moves


(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((Jasmeenaraislam.Shaikh@thomsonreuters.com;))

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