Australia's Midas Minerals gains on deal with Canadian miner

Midas Minerals

05/04/2023 04:55

** Shares of Midas Minerals Ltd  MM1.AX  rise as much as
8.1% to A$0.20, their highest since Feb. 13
    ** Nickel explorer enters a non-binding agreement to earn
80% of critical minerals rights over a large portion of Gold
Terra Resource's  YGT.V  Yellowknife project in Canada
    ** Midas plans to commence exploration at Yellowknife in
June 2023
    ** Stock set for best day since March 28, if trend holds
    ** Stock down 7.5% YTD, as of last close

 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.ojha@thomsonreuters.com;))