Australia's Revolver Resources jumps on signing of offtake MOU

Revolver Resources Holdings

08/08/2024 06:57

** Shares of copper explorer Revolver Resources Holdings
 RRR.AX  rise 30.6% to A$0.064, set for best day since Oct. 25,
2023
    ** Stock hits its highest level since July 8
    ** Co signs MOU with China Copper Industry Investment
Alliance for copper cathode offtake from its Dianne Copper Mine
    ** Adds agreement for co to source and supply additional
cathode product
    ** Trade vol at more than 240,000 shares, compared to 30-day
avg of 140,227 - LSEG data
    ** Stock is down over 50% this year, as of last close

 (Reporting by Rajasik Mukherjee in Bengaluru)
 ((Rajasik.Mukherjee@thomsonreuters.com;))