Australia's Okapi Resources soars on buying U.S. uranium project stake

Global Uranium and Enrichment

07/04/2022 02:09

** Shares of mineral explorer Okapi Resources  OKR.AX  surge
as much as 30% to A$0.39, on course for their best session since
Sept. 8, 2021 if gains hold
    ** Says it has agreed to acquire an option over a 51%
interest in the Hansen uranium project in Colorado, United
States  urn:newsml:reuters.com:*:nASXbcZq1V
    ** Deal for upfront consideration of $500,000 
    ** Stock hits highest level since Jan. 7
    ** About 1 mln shares have been traded so far, over thrice
the 30-day average 
    ** OKR is down 13% YTD, as of last close 

 (Reporting by Harshita Swaminathan)
 ((Harshita.Swaminathan@thomsonreuters.com))