Rubix Resources hits record high on deal to buy Canada lithium project

Rubix Resources

24/05/2023 02:31

** Shares of Rubix Resources Ltd  RB6.AX  jump as much as
61.1% to their record high of A$0.290
    ** Rubix stock set for best day, if gains hold
    ** The mineral explorer says it has entered into a binding
agreement to acquire Ceiling lithium project in Quebec, Canada
    ** Says it has received firm commitments to raise A$1.96 mln
($1.33 mln)
    ** Rubix stock up 38.5% YTD, as of last close 
 
    ($1 = 1.4743 Australian dollars)

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