Australia's Skin Elements rises on distribution deal with NZ-based agricultural cooperative
09/07/2026 04:59
BUZZ-Australia's Skin Elements rises on distribution deal with NZ-based agricultural cooperative ** Shares of Australia's Skin Elements SKN.AX gain 20% to A$0.006, posting their biggest intraday pct rise since June 26
** Stock hits highest level since June 29
** Biotechnology co says it has entered into exclusive commercialisation agreement with New Zealand-based agricultural cooperative Farmlands
** Says deal is for sale/distribution of its plant-based crop treatment product ECO-Nurture in New Zealand
** Says co will receive an initial payment of NZ$600,000 ($343,440.00)
** YTD, stock up 50% including current session moves
($1 = 1.7470 New Zealand dollars)
(Reporting by Shravya Marakini in Bengaluru)
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