Australia's Black Canyon hits 2-month high on buying Panther Exploration
02/12/2021 01:15
** Shares of Black Canyon BCA.AX rise as much as 5.6% to
A$0.285, their highest since Sept. 27
** Manganese miner buys Panther Exploration Pty Ltd
urn:newsml:reuters.com:*:nFWN2SM1D6
** Says acquisition to further expand areas under
exploration around its Flanagan Bore Project in Western
Australia by 625km
** BCA to have exclusive rights to manganese opportunities
generated by Panther vendors in an agreed area of interest for
18 months after execution of agreement
** Since its debut on May 5, stock has fallen 10%, as of
last close
(Reporting by Aneetta Thomas in Bengaluru)
((Aneetta.Thomas@thomsonreuters.com;))