Australia's Lake Resources climbs on appointing new CEO

Lake Resources NL

07/09/2022 04:13

** Shares of lithium developer Lake Resources NL  LKE.AX 
climb as much as 7.1% to A$1.290, their highest since Aug. 17
    ** Co appoints David Dickson as its new chief executive
officer and managing director   urn:newsml:reuters.com:*:nL4N30E0CU
    ** Dickson replaces Steve Promnitz, who oversaw co's
development for nearly six years before stepping down in a
surprise move in June
    ** LKE among the top gainers on benchmark index  .AXJO 
which is down about 1.3%
    ** As of last close, stock up 19.3% this year

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))