Australia's Chariot Resources climbs on deal with C&D (Hainan), others
BUZZ-Australia's Chariot Resources climbs on deal with C&D (Hainan), others ** Shares of Chariot Resources CC9.AX climb as much as 38.8% to A$0.07, their highest level since June 3
** Stock on track to log its steepest intraday pct rise since March 10
** Lithium explorer enters into term sheet with C&D (Hainan), Hong Kong ZhongNuo Energy, and C&C Minerals for Nigerian lithium portfolio
** Deal proposes partner-funded drilling, potential trial-mining, and direct shipping ore offtake program
** Adds, under proposed Phase 1 structure, C&D would act as direct shipping ore offtake buyer, U.S. dollar payer and would contribute lithium-market, pricing, trade-execution and risk-management capability
** About 421,000 shares traded so far, 3.4x the 30-day avg
** Down 62% YTD, including the session's moves
(Reporting by Anjali Singh in Bengaluru)
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