Australia's Manhattan Corp jumps on licence term extension for uranium project

Manhattan Gold

25/11/2021 23:46

** Shares of Manhattan Corp  MHC.AX  soar as much as 10% to
A$0.011
    ** Gold and uranium explorer announces extension of term on
its exploration license for Ponton uranium project, Western
Australia, till Aug 10, 2023  urn:newsml:reuters.com:*:nASX80tFfr
    ** Adds that co will take a strategic review of what
commercial opportunities may be available with the project given
the recent interest in the uranium market  
    ** More than 2.9 mln shares change hands, compared with the
30-day average volume of about 2.1 mln shares
    ** Stock has fallen 60% this year as of last close

 (Reporting by Jaskiran Singh in Bengaluru)
 ((Jaskiran.Singh@thomsonreuters.com;))