Australia's BCI Minerals rises on Canada funding for salt project

BCI Minerals

09/10/2023 01:45

** Shares of BCI Minerals  BCI.AX  rise as much as 5.77% to
A$0.275, their highest since Sept. 28 
    ** Stock posts its biggest intraday pct gain since Aug. 28 
    ** Australian explorer says it has received approval for
A$150 mln ($95.57 mln) project finance facility for its Mardie
salt project in Western Australia
    ** Says Final leg of funding to come from Canada's export
credit agency
    ** This takes the total credit approvals for the project to 
A$981 mln
    ** About 94,835 shares change hands, compared with the
30-day average volume of 220,476 shares 
    ** Stock has fallen 3.7% this year, as of last close


($1 = 1.5696 Australian dollars)

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com))