Australia's Osmond Resources posts record gain on Spanish fertiliser project buy
15/11/2023 03:00
** Shares of Australia's Osmond Resources OSM.AX rise as
much as 44.4% to A$0.13, biggest-ever intraday gain
** Stock at its highest level since Aug. 18
** Mineral explorer executes binding staged earn-in
agreement to acquire up to 100% of Iberian One Project in Spain
** Says agreement with Australian proprietary company,
Global Mining Enterprises Pty Ltd and Spanish mining development
company Omnis Minera SL
** Adds project prospective for Potassium Sulphate (SOP),
Alumina products and Graphite used in fertilisers
** Stock down 56.2% YTD as of last close
(Reporting by Roshan Thomas in Bengaluru)
((Roshan.Thomas@thomsonreuters.com;))
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