Australia's Macro Metals jumps on mining services deal

Macro Metals

15/05/2026 06:38

** Shares of Macro Metals M4M.AX rise as much as 8.3% to A$0.007

** Mineral explorer signs binding mining services and profit share agreement with Renegade Metals

** Co to acquire 50% interest in all minerals deposited on Gibraltar East by expending A$350,000($250,915.00) on exploration, others

** Co to provide working capital facility to fund all activities

** YTD, stock down 27.8%, including day's moves

($1 = 1.3949 Australian dollars)

(Reporting by Shivangi Lahiri in Bengaluru)

((shivangi.lahiri@thomsonreuters.com))