Australia's Red Metal rises on new exploration license applications
18/06/2018 05:52
** Shares of copper-gold explorer Red Metal Ltd RDM.AX
rise as much as 11.5 pct to A$0.145, highest since Feb. 23
** Company announces three new exploration license
applications in the Mount Isa region of Northwestern Queensland
** More than 1.3 mln shares have hands, compared with 30-day
average of about 175,000 shares
** Up to Friday's close, stock had fallen 10.3 pct this year
((Aditya.Soni@thomsonreuters.com; +91 80 6749 1783; Reuters
Messaging: Aditya.Soni.thomsonreuters.com@reuters.net))
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