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LYL — Lycopodium News Story

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Australia's Lycopodium rises on contract award

BUZZ-Australia's Lycopodium rises on contract award

** Shares of Australia's Lycopodium LYL.AX rise as much as 2.4% to A$18.53, their highest since June 24

** The construction firm says it has been designated as the preferred engineering, procurement, and construction contractor for the development of Ausgold's AUC.AX> Katanning Gold Project in Western Australia

** Co is awarded an early works agreement valued at around A$6.0 million ($4.17 million)

** YTD, the stock is up over 32%

($1 = 1.4384 Australian dollars)


(Reporting by Shruti Agarwal in Bengaluru)

((Shruti.Agarwal@thomsonreuters.com;))

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