ASX-listed Laramide Resources jumps as co gets $6.05 mln funds from warrants

Laramide Resources

12/01/2022 02:25

** Shares of Canada-based uranium explorer Laramide
Resources Ltd  LAM.AX  rise as much as 5.3% to A$0.790, post
their sharpest intraday pct jump since Dec 29 
    ** Says 99.7% of the outstanding warrants to purchase common
shares of co with a strike price of 45 Canadian cents have been
exercised  urn:newsml:reuters.com:*:nASX2YZxFM
    ** Adds that a total of 625,000 warrants exercised by the
chairman and the CEO collectively resulted in total proceeds of
C$7.6 mln ($6.05 mln)
    ** Around 7,700 shares change hands as compared with the
30-day average volume of ~3,700 shares  
    ** Stock up 142.9% in 2021 

    ($1 = 1.2560 Canadian dollars)

 (Reporting by Roushni Nair in Bengluru)
 ((Roushni.Nair@thomsonreuters.com;))