Australia's Challenger Exploration rises on renewable power deal in Argentina

Challenger Gold

10/05/2023 06:23

** Shares of Challenger Exploration Ltd  CEL.AX  rise as
much as 6.7% to A$0.160, their highest level since April 24
    ** Gold producer signs a non-binding memorandum of
understanding (MOU) with YPF Luz f, an energy co in Argentina 
    ** Says MOU for the supply of renewable power to co's
Hualilan Gold Project in Argentina 
    ** Shares of co are down 14.3% YTD as of last close 
   

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