Australia's Cosmos Exploration slides as Quebec forest fire hits mining

EAU Lithium

06/06/2023 01:55

** Shares of Cosmos Exploration Ltd  C1X.AX  slip as much as
6.6% to A$0.425, their lowest since May 19
    ** Co says it has delayed mobilisation to Corvette Far East
and Laselle lithium projects in the James Bay region of Quebec
in light of the current forest fire situation in the province  
    ** Says closely monitoring the situation to ensure that all
company activities are compliant with relevant governmental
decrees and to ensure the safety of personnel associated with
the property
    ** YTD, stock had more than doubled in value, as of last
close


 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))