Australia's My Rewards International climbs on licensing agreement
08/04/2022 04:12
** Shares of My Rewards International MRI.AX soar nearly
18% to A$0.08, hitting its highest since March 30
** Co eyes its best day since Feb. 23, if gains hold
** Incentive marketing firm says it signed an exclusive
licensing agreement with software developer co Energetik
Solutions urn:newsml:reuters.com:*:nFWN2W51AV
** Co says agreement gives it an option to purchase the
software developer's platform within 3 months
** Adds that agreement will also allow co to deliver
exclusive content to its consumers and rewards members of its
corporate clients
** Stock is up 31.5% since its IPO in February this year
(Reporting by Navya Mittal in Bengaluru)
((navya.mittal@thomsonreuters.com))