Australia's Omnia Metals rises on securing contractor for Canadian project

Omnia Metals

06/10/2023 05:52

** Shares of Omnia Metals  OM1.AX  rise as much as 3.7% to
A$0.084
    ** Co says secured drilling contractor for its Lac des
Montagnes Lithium Project in Canada
    ** Drilling campaign first step in drill testing all
high-priority targets over project - OM1
    ** Despite day's gains, however, OM1 is set for a fifth
straight week of losses, having lost over ~7% in value so far
    ** 334,336 shares change hands as of 0431 GMT, compared with
the 30-day average of 296,299
    ** Stock down 47.5% YTD

 (Reporting by Roshan Thomas in Bengaluru)
 ((Roshan.Thomas@thomsonreuters.com;))