Australia's Metal Hawk surges on lithium tenement expansion

Maritana Minerals

05/07/2023 02:24

** Shares of Australian mineral explorer Metal Hawk  MHK.AX 
soar as much as 12.1% to A$0.160
    ** Shares on track for their biggest intraday pct gain since
June 26, if gains hold
    ** Shares hit their highest since June 27  
    ** Co says it has signed an agreement with coal haulage
company Horizon Minerals  HRZ.AX  to buy an interest in seven
tenements at Yarmany Nickel-Lithium Project in Western Australia
    ** Stock down 21.2% this year, as of last close, vs a 3.4%
increase in the benchmark S&P/ASX 200 index  .AXJO  


 (Reporting by Roushni Nair in Bengaluru)
 ((Roushni.Nair@thomsonreuters.com;))