Australia's Solstice Minerals rises on sale-led $6.4 mln cash payment

Solstice Minerals

16/04/2024 02:05

** Shares of Solstice Minerals  SLS.AX  rise as much as 3.2%
to A$0.160, their highest level since April 9
    ** The gold explorer receives A$10 mln ($6.43 mln) following
completion of sale of co's share in the Hobbes Exploration
Licence
    ** Co adds it is in position to progress its 100% gold
exploration targets
    ** Stock on track for its third consecutive sessions of
gains, if trend holds 
    ** Stock has risen over 58% this year, as of last close

    ($1 = 1.5550 Australian dollars)

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