Australia's Perpetual Resources gains on buying lithium prospective permits

Perpetual Resources

26/09/2023 03:16

** Shares of Perpetual Resources  PEC.AX  up 9.5% at
A$0.023, their highest since Aug 25
    ** Construction materials co says it has exercised two
separate options to acquire key landholdings in spodumene-rich
"Lithium Valley" in Minas Gerais, Brazil
    ** Says recent survey demonstrated strong prospectivity
across all permits
    ** Stock up 16.7% YTD, as of last close

 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.ojha@thomsonreuters.com;))