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E25 — Element 25 News Story

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Element 25 rises on $36 million funding deal for Western Australia project

BUZZ-Element 25 rises on $36 million funding deal for Western Australia project

** Shares of Australia's Element 25 E25.AX rise as much as 3.6% to A$0.285, their highest level since September 4

** Stock on track to clock its second consecutive session of gains, if trend holds

** The mineral explorer signs a binding A$50 million ($36.07 million) Northern Australia Infrastructure facility agreement for Butcherbird Expansion project in Western Australia

** Stock down 12.5% so far this year, including session's moves


($1 = 1.3864 Australian dollars)


(Reporting by Roshan Thomas in Bengaluru)

((Roshan.Thomas@thomsonreuters.com;))

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