Canyon Resources gains on signing MoU with Port Authority of Douala

Canyon Resources

09/01/2023 01:11

** Shares of Canyon Resources Ltd  CAY.AX  rise as much as
8.3% to A$0.078, on track to gain for a third straight session
    ** Bauxite and gold producer announces signing of a
memorandum of understanding (MoU) with Port Authority of Douala,
Cameroon
    ** Says MoU outlines a declaration of intent with the Port
Authority of Douala in regard to the development of
infrastructure at the Port of Douala-Bonabéri
    ** Stock fell about 35% in 2022
 (Reporting by Jaskiran Singh in Bengaluru)
 ((Jaskiran.Singh@thomsonreuters.com;))