Australia's Marquee Resources hits over 2-yr high on deal to buy N.American projects
05/11/2021 02:45
** Shares of Marquee Resources Ltd MQR.AX rise as much as
64.6% to A$0.13, their highest since July 2019
** The lithium explorer says it entered into earn-in
agreements to buy Kibby Basin lithium project and Lone Star
copper-gold project in North America urn:newsml:reuters.com:*:nASX7pNc4X
** Co says project will help strengthen their position in
the Electric Vehicle sector
** Stock posts its biggest intraday pct gain since July 2020
** About 25.4 mln shares changed hands, compared with the
30-day average volume of 2.5 mln
** Stock up 21.5% this year, as of last close
(Reporting by Navya Mittal)
((Navya.Mittal@thomsonreuters.com;))
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