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MEU — Marmota News Story

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Basic MaterialsAdventurousMicro CapFalling Star

Australia's Marmota rises as co resumes exploration at uranium project

** Shares of Marmota  MEU.AX  rise as much as 15.6% to
A$0.037, their highest since Sept 26
    ** The mineral explorer says it has resumed exploration at
its Junction Dam uranium project in South Australia, and it will
substantially help grow its uranium resource
    ** About 1.9 million shares change hands, about 3.6 times
its 30-day average
    ** Marmota stock down ~33% this year, as of last close

    ($1 = 1.5941 Australian dollars)

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com))

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