Australia's Omnia hits record high on Canadian lithium project acquisition

Omnia Metals

07/02/2023 01:33

** Shares of Australia's Omnia Metals Group Ltd  OM1.AX 
rise as much as 50% to A$0.255
    ** Stock marks best day ever and hits a record high
    ** Exploration co says it has entered into an earn-in
agreement to which the co has the option to acquire up to a 100%
interest in Lac Des Montagnes project in Quebec, Canada
    ** Says project has presence of large scale lithium deposits
    
    ** OM1 has risen 6.3% this year, as of last close
 (Reporting by Nausheen Thusoo in Bengaluru)
 ((Nausheen.Thusoo@thomsonreuters.com;))