Australia's Jupiter Mines gains as demerged company set to join ASX

Jupiter Mines

07/05/2021 03:32

** Shares of iron ore explorer Jupiter Mines  JMS.AX  rise
as much as 3.3% to A$0.310, marking their biggest intraday pct
gain since April 22 
    ** Says Juno Minerals, which owns its central Yilgarn iron
ore assets, cleared to join Australian Stock Exchange on May 14.
 urn:newsml:reuters.com:*:nASX3bNXHR
    ** Says demerger between JMS and Juno Minerals has been
implemented via the in-specie distribution of Juno
shares to co's shareholders.
    ** Stock down 1.6% this year, as of last close 

 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))