Pan Asia Metals rises after co executes option agreement to buy Chile project

Flagship Minerals

13/08/2024 05:56

** Australia-listed shares of Pan Asia Metals  PAM.AX  rise
as much as 5.5% to A$0.096, their highest level since Aug 1
    ** The Thailand-based metals explorer executes option
agreement to wholly acquire Rosario Copper Project in Chile
    ** Pan Asia Metals says project offers it a strong entry
point into copper, an important battery metal with very strong
underlying supply-demand dynamics
    ** Stock has fallen 27.2% this year, as of last close

    

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com))