Australia's Corazon Mining up on acquisition of Miriam Lithium Project
25/03/2024 02:59
** Shares of Corazon Mining CZN.AX rise as much as 12.5%
to A$0.009, their biggest intraday pct gain since March 18
** Mineral explorer says co will receive about A$9.5 million
($6.21 million) from Future Battery Minerals FBM.AX for an
85% interest of the lithium rights at the Miriam Project in
Western Australia
** Co's unit holds the lithium and industrial minerals
rights for the Miriam Project
** Over 566,600 shares change hands, 1.8x the 30-day avg
volume
** Stock down ~47% YTD, as of last close
($1 = 1.5291 Australian dollars)
(Reporting by Neha Soni in Bengaluru)
((Neha.Soni@thomsonreuters.com))
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