Australia's Shree Minerals gains on securing tenement applications for WA project

Catalina Resources

01/11/2022 24:48

** Shares of Shree Minerals Ltd  SHH.AX  rise as much as
14.3% to A$0.008, set for their best day since Oct 24, if gains
hold
    ** The minerals explorer secures tenements applications for
gold, nickel & Rare Eearth Elements (REE) occupying about 6,600
HA Laverton Province in Western Australia  urn:newsml:reuters.com:*:nASX2SCd5B
    ** Says actively pursuing process to enable grant of the
tenements including negotiations of heritage agreements with
regional native title parties, among others
    ** Expects the tenements to be granted in 2023
    ** Stock down 26.3% this year, as of last close
 (Reporting by Jaskiran Singh in Bengaluru)
 ((Jaskiran.Singh@thomsonreuters.com;))