Australia's Estrella Resources jumps on sales process launch for nickel project
20/01/2022 04:58
** Shares of nickel miner Estrella Resources Ltd ESR.AX
rise as much as 6.3% to A$0.034, highest level since Nov. 26
** Co commences sales process for Spargoville Nickel Rights
Project in Western Australia urn:newsml:reuters.com:*:nASX21dBbR
** Says sales process started due to co receiving a number
of unsolicited bids to acquire or joint venture Spargoville
Nickel Rights
** More than 8.1 mln shares change hands, compared with the
30-day average volume of about 7 mln shares
** Stock has risen 28% this year as of last close
(Reporting by Jaskiran Singh in Bengaluru)
((Jaskiran.Singh@thomsonreuters.com;))
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