Lotus Resources gains on additional uranium supply deal with US-based firm

Lotus Resources

29/01/2025 04:48

** Shares of Lotus Resources  LOT.AX  rise 5.92% to A$0.223
    ** Advanced uranium co announces it signed an additional
uranium offtake agreement for a total of 80,000 lbs of uranium
for 2026-2029
    ** Signs deal with a unit of New Jersey-based diversified
energy company, Public Sector Enterprise Group 
    ** 16.5 mln shares change hands, 1.6 times the 30-day
average of 10.1 mln shares
    ** Stock rose 11.23% this month, including the day's moves
    


 (Reporting by Manasi Dasa Sundeep in Bengaluru)
 ((Manasi.DasaSundeep@thomsonreuters.com;))