Australia's Calmer Co International rises on deal with Leilo

Calmer International

25/07/2023 02:27

** Shares of Calmer Co International  CCO.AX  rise as much
as 11.1% to A$0.005, their highest level since July 17
    ** Natural products maker signs a terms sheet with Leilo Inc
    ** Says term sheet for right to manufacture, market and
distribute Leilo-branded beverages in multiple international
markets
    ** Co on track to post their fourth session of gains
    ** About 9.7 mln shares change hand compared to 30-day
average volume of 5.7 mln shares
    ** Stock down 70% YTD as of last close
   

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