Australia's Cooper Metals rises on acquisition of tenement at Queensland project

Cooper Metals

23/03/2022 01:16

** Shares of copper-gold explorer Cooper Metals  CPM.AX 
climb as much as 12.7% to A$0.400, on track for their best day
since March 1, if gains hold
    ** Co signs https://www.asx.com.au/asxpdf/20220323/pdf/4578f8lcgsnvj6.pdf
 Heads of Agreement for the acquisition of a strategic tenement
at Mt Isa East project within the Mt Isa Inlier in Queensland
    ** Says acquisition is consistent with co's strategy to
explore and discover copper-gold deposits in the highly
prospective Mt Isa Inlier
    ** Stock up ~65.1% since its IPO in November 2021    


 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))