Australia's Cygnus Metals rises on two project acquisitions in Canada

Cygnus Metals

28/03/2023 01:49

** Shares of Cygnus Metals Ltd  CY5.AX  rise as much as
29.7% to A$0.240, their biggest intraday pct gain since Oct 4
    ** The diversified miner says it has acquired two highly
prospective new projects in James Bay, Quebec in Canada 
    ** Adds that it includes Sakami project and Auclair project,
and both have potential lithium finds 
    ** Stock has fallen 51.3% this year, as of last close
    
  

 (Reporting By Udbhav Krishna P in Bengaluru)
 ((UdbhavKrishna.P@thomsonreuters.com))