Mineral explorer Blencowe Resources jumps on $5 mln funding

Blencowe Resources

22/09/2023 08:20

** Shares of Blencowe Resources  BRESB.L  gain 29.4% to
5.78p, top pct gainer across all London shares 
    ** The Uganda-focused mineral exploration company receives
$5 mln funding from US govt for Orom-Cross graphite project
    ** Co says grant "de-risks Orom-Cross", its maiden
exploration mine in northern Uganda 
    ** Stock on track to log best day since April 2020, if trend
holds
    ** Stock flat this year through Thursday's close

 (Reporting by Prerna Bedi in Bengaluru)
 ((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))