Australia's Mt Monger Resources rises on acquiring new mining assets

Metallium

22/03/2022 04:59

** Shares of the mineral explorer  MTM.AX  rise as much as
10.3% to A$0.16, on course for their best session since Feb. 9
if gains hold
    ** Says finalised acquisition of some mineral exploration
tenements, prospective for lithium, graphite, nickel and gold in
Western Australia  urn:newsml:reuters.com:*:nASX7RMJKP 
    ** Mt Monger to pay A$393,000 for the tenements 
    ** Stock hits highest level since March 14
    ** MTM has risen 7.4% YTD, as of last close 
    


 (Reporting by Harshita Swaminathan)
 ((Harshita.Swaminathan@thomsonreuters.com))