Australia's Chariot Resources slides as investment deal falls through

Chariot Resources

17/04/2026 04:52

** Shares of Chariot Resources CC9.AX fall 4.9% to A$0.077, their highest level since April 2

** Agreement wherein China-based Jiangsu Greatpower NexEnergy Technology had proposed A$1.425 million ($1.02 million) strategic investment in co, lapses due to regulatory hurdles

** About 866,152 shares change hands, 2.9x the 30-day average of 297,476

** Stock down 54.7% YTD

($1 = 1.3966 Australian dollars)

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((Jasmeenaraislam.Shaikh@thomsonreuters.com;))