Australia's Killi Resources falls after co freezes acquisition plans

Killi Resources

24/11/2023 01:36

** Shares of Killi Resources  KLI.AX  down 14.1% at A$0.061,
on track for their worst day since Nov 17, if losses hold
    ** The mineral exploration co says it has been in
preliminary negotiations and was undertaking due diligence on
the potential acquisition of a mineral project
    ** Says negotiations have ceased and the co is no longer
progressing the potential acquisition
    ** Killi stock down 45.2% YTD, as of last close
 

 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.ojha@thomsonreuters.com;))