Australia's Patriot Lithium rises as co acquires 3 projects in Canada

Patriot Resources

09/01/2023 01:33

** Shares of Patriot Lithium Ltd  PAT.AX  rise as much as
17.5% to A$0.335, their record intraday pct gain
    ** The lithium explorer says it has acquired full ownership
of three lithium prospective projects - Gorman Project, Forester
Project and Birkett Project in Ontario, Canada 
    ** Adds the projects complement co's existing active
exploration programmes in South Dakota and Arizona
    ** Stock posts its highest since Dec 12
    ** More than 860,000 shares change hands, vs the 30-day
average volume of 790,000 shares
    ** Stock down 16.7% since its IPO on Dec 9, as of last close
 (Reporting By Udbhav Krishna P in Bengaluru)
 ((UdbhavKrishna.P@Thomsonreuters.com))