Australia's Gold Road tumbles, co says no definitive agreement to buy Greenstone Gold Mines

Gold Road Resources

15/04/2024 02:49

** Shares of Gold Road Resources  GOR.AX  fall as much as
7.1% to A$1.69 in their biggest intraday pct loss since Jan. 29
    ** Stock hits its lowest level since April 8, top loser on
the benchmark ASX200  .AXJO 
    ** Mineral explorer confirms its participation in a sale
process conducted by Orion Resource Partners (USA) LP for
Greenstone Gold Mines
    ** Says participation continues and co has not entered into
any definitive acquisition agreement with respect to Greenstone
Gold Mines
    ** Stock down 7.4% this year, as of last close

 (Reporting by Megha Rani in Bengaluru)
 ((Megha.Rani2@thomsonreuters.com;))