Australia's Legacy Minerals rises on exploration deal with AI co
03/05/2022 05:01
** Shares of gold miner Legacy Minerals LGM.AX rise as
much as 3.2% to A$0.16
** Stock set for its best day since April 19, if gains hold
** Co says it signed exploration alliance agreement with
U.S.-based Artificial Intelligence (AI) co Earth AI Pty Ltd
urn:newsml:reuters.com:*:nASX8GL4vL
** Says Earth AI to spend up to A$4.5 mln ($3.19 mln) on
exploration across Fontenoy and Mulholland tenements in NSW
** More than 103,000 shares change hands, compared with the
30-day average volume of about 63,000 shares
** Stock down 13.9% this year, as of last close
($1 = 1.4108 Australian dollars)
(Reporting by Jaskiran Singh in Bengaluru)
((Jaskiran.Singh@thomsonreuters.com;))