Australia's NeuRizer soars as South Korea's DL E&C buys stake

Neurizer

23/06/2022 03:38

** Shares of fertiliser and energy firm NeuRizer  NRZ.AX 
climb as much as 12.9% to A$0.175, post their biggest intraday
pct rise since April 13
    ** Co says South Korean construction firm DL E&C  375500.KS 
is buying a 9.1% stake in firm through private share placement
 urn:newsml:reuters.com:*:nASX9vw0Nb 
    ** Firm to raise $10 mln from placement, put fund towards
final investment decision of the NeuRizer Urea Project 
    ** NRZ down 3.1% this year, as of last close 

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