Australia's Prairie Lithium hits one-week high on funding for Canadian project
29/09/2026 04:20
BUZZ-Australia's Prairie Lithium hits one-week high on funding for Canadian project ** Shares of Australia's Prairie Lithium PL9.AX rise as much as 27.3% to A$0.007, highest level since September 22
** Stock on track for its strongest session since September 17, if current trend holds
** Lithium developer gets CAD$6.3 million ($4.45 million) in financing from Canadian government for its Prairie Lithium project in Saskatchewan, Western Canada
** Company says funding supports Phase 1 development, with first lithium brine production targeted for Q4 2026
** Stock down about 7% YTD
($1 = 1.4168 Canadian dollars)
(Reporting by Rajasik Mukherjee in Bengaluru)
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