Australia's Technology Metals up on potential funding for WA project

Metals Australia

18/01/2023 02:35

** Shares of Technology Metals Australia Ltd  TMT.AX  rise
as much as 11.8% to A$0.380, their highest since Dec. 22, 2022
    ** Miner receives a Letter of Interest (LoI) from EKF
Denmark’s Export Credit Agency 
    ** Says LoI is regarding potential financing support for
co's Murchison Technology Metals Project in Western Australia 
    ** Says LoI contemplates financing support of around A$150
mln ($104.93 mln) for the project 
    ** Shares of co are down 2.9% YTD as of last close 
($1 = 1.4296 Australian dollars)
 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))