Australia's Voltaic climbs to 7-month high on JV deal with Delta Lithium

Delta Lithium

11/03/2024 02:45

** Shares of Voltaic Strategic Resources  VSR.AX  rise as
much as 25% to A$0.025, their biggest intraday pct gain since
Aug 15, 2023 
    ** Stock at its highest level since Nov 9, 2023
    ** The mineral exploration co has entered into strategic
A$12 mln ($7.93 mln) farm-in and joint venture agreement with
Delta Lithium  DLI.AX  
    ** Says JV and farm-in executed on Voltaic's Ti Tree Project
to expand the potential and scale of Delta's Yinnetharra lithium
project in Western Australia
    ** About 3.8 mln shares change hands, compared with the
30-day average volume of 897,516 shares
    ** Stock up 10.5% so far this year, as of last close

   ($1 = 1.5126 Australian dollars)

 (Reporting by Megha  Rani)
 ((Megha.Rani2@thomsonreuters.com;))