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RWD — Reward Minerals News Story

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Australia's Reward Minerals climbs to near 1-month high on project acquisition

** Shares of Australia's Reward Minerals RWD.AX rise 26.3% to A$0.048, their highest point since October 17

** The potash miner executes a binding letter of intent to buy Copper Lance project in Newfoundland Island, Canada

** Target project is prospective for base and precious metals, co adds

** Consideration to be satisfied via issue of 2 million shares in co, among other payments

** Shares down 20%, YTD

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))

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