Australia's Ironbark Zinc eyes best day in over a month on MoU

Skylark Minerals

23/05/2022 01:42

** Shares of Ironbark Zinc Ltd  IBG.AX  jump as much as
15.2% to A$0.038; eye best day since April 14, if gains hold
    ** Zinc and gold miner announces execution of non-binding
memorandum of understanding (MoU) between the company and 
Norwegian mine operator Leonhard Nilsen & Sønner  urn:newsml:reuters.com:*:nGLF63vdM
    ** Adds that the MoU is for equity investment, and
contractual arrangement for services in IBG's flagship Citronen
Project in northern Greenland
    ** Stock hits highest level since May 10
    ** Stock has fallen 32.7% this year, as of last close
 

 (Reporting by Jaskiran Singh in Bengaluru)
 ((Jaskiran.Singh@thomsonreuters.com;))