Australia's James Bay Minerals eyes best day in a month on Canada project buyout

Black Bear Minerals

28/03/2024 01:19

** Shares of James Bay Minerals  JBY.AX  rise as much as
13.8% to A$0.165, on track for their best day since Feb. 29, if
gains hold 
    ** Lithium explorer acquires La Grande East project located
in James Bay region of Quebec, Canada
    ** Says acquisition expands co's land holdings in La Grande
province
    ** Says initial consideration under deal C$21,000 
($15,453.68) and 210,000 JBY Shares 
    ** Co's shares hit highest level since March 8 
    ** Stock down nearly 54% YTD as of last close 
   


($1 = 1.3589 Canadian dollars)

 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))