Dominion Minerals climbs to near 2-month high on investment in Canadian co

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20/01/2022 24:01

** Shares of Dominion Minerals Ltd  DML.AX  climb much as
9.2% to A$0.095, their highest since Nov. 22
    ** Miner says it has invested in Luna Lithium, a private
Canadian co exploring the Pilot Peak lithium brine project in
Nevada, U.S.  urn:newsml:reuters.com:*:nFWN2TZ1CL
    ** Says co's investment of C$350,000 represents a minority
stake (<5%) in Luna Lithium
    ** Adds that stake will provide co with exposure associated
with potential exploration success at the Pilot Peak project
    ** About 1.05 mln shares change hands, nearly 3 times more
compared with the 30-day average volume of 335, 115 shares 
    ** Stock rises for a fourth consecutive session
    ** Stock had fallen about 22% in 2021, since its IPO debut
in November

 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com;))