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FMR — FMR Resources News Story

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Australia's FMR Resources climbs 6-1/2-week high on Chilean project acquisition

BUZZ-Australia's FMR Resources climbs 6-1/2-week high on Chilean project acquisition

** Shares of Australia's FMR Resources FMR.AX rise as much as 6.8% to A$0.395, hitting their highest level since June 5

** The battery and critical mineral explorer announces conditional option agreement to buy Los Warbos Project in central Chile

** Adds that initial payment of $150,000 was paid on execution of agreement

** Says if options are exercised, the company will pay additional $150,000 and issue 200,000 shares to vendor

** FMR stock up 49%, YTD, including day's moves


(Reporting by Subhalakshmi Dey in Bengaluru)

((Subhalakshmi.Dey@thomsonreuters.com;))

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