Australia's Fin Resources rises as co gets grant for WA project

Fin Resources

07/01/2022 01:36

** Shares of mineral explorer Fin Resources  FIN.AX  rise as
much as 25.9% to A$0.034, posting their biggest intraday pct
gain since Sept 2 
    ** FIN says https://www.asx.com.au/asxpdf/20220107/pdf/454t74zxk5kn9r.pdf
 it has been granted an area of 270 sq kms at its 80%-owned Sol
Mar project in the Pilbara region of Western Australia
 urn:newsml:reuters.com:*:nASX3MdSSt
    ** Grant came in from Western Australian Department of
Mines, Industry Regulation and Safety
    ** Says location granted is a key component to co and its
Sol Mar project to pursue large-scale production of green
products from seawater using renewable energy 
    ** Stock hits its highest level since Nov 26
    ** Volumes are 10 times their 30-day average of about
320,000 shares 
    ** FIN stock up ~22.7% in 2021
    

 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))