Australia's K2Fly climbs on one-year contract with miner BHP

K2FLY

09/05/2022 01:46

** Shares of software and services provider K2Fly  K2F.AX  
rise as much as 7.5% to A$0.215, gaining the most since April 28
    ** Co says it signed an initial one-year contract with BHP
 BHP.AX  for its ground disturbance solution to cover the miner
for operations in Western Australia  urn:newsml:reuters.com:*:nFWN2X002Y
    ** Co says total contract value is A$2.12 mln ($1.49 mln) 
    ** As of last close, K2Fly stock down 34.4% this year 
    
     ($1 = 1.4219 Australian dollars)

 (Reporting by Navya Mittal in Bengaluru)
 ((navya.mittal@thomsonreuters.com))