Australia's Patriot Lithium soars on plans to acquire Zambia copper project

Patriot Resources

10/10/2024 05:20

** Shares of Patriot Lithium  PAT.AX  rise as much as 21.6%
to A$0.045, posting their largest intraday pct gain since Oct.
31, 2023
    ** Lithium explorer hits highest level since Aug. 23
    ** Co enters into binding option agreement with Array Metals
and Natural Resources to acquire 80% interest in Katwaro copper
project in Zambia
    ** Co to pay Array $25,000 and conduct due diligence for
agreement
    ** More than 497,000 shares change hands, 2.8 times the
30-day avg
    ** Stock down ~76.8% so far this year, including current
session's moves

 (Reporting by Nikita Maria Jino in Bengaluru)
 ((Nikita.Jino@thomsonreuters.com;))