Australia's Mandrake resources jumps on agreement with US-based lithium co

Mandrake Resources

22/12/2023 24:56

** Shares of Mandrake Resources  MAN.AX  rise as much as
6.7% to A$0.048, highest level since July 28
    ** Mineral explorer says it executed a non–exclusive
strategic alliance agreement with US-based lithium extraction
company Electroflow Technologies, Inc.  
    ** Electroflow are funded and backed by Bill Gates’
Breakthrough Energy Fellows programme - co
    ** 1.3 mln shares change hands, compared with the 30-day
average volume of 949,403 
    ** MAN up 12.5% YTD, as of last close

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))