High-Tech Metals rises to near 33-year high on deal with SSH Mining

SSH

01/09/2025 04:25

Corrects headline and bullet 1 to say stock hits record high, not 33-year high

** Shares of Australia's High-Tech Metals HTM.AX rise as much as 11.1% to A$0.3, a record high

** Cobalt explorer executes mining agreement with SSH Mining, unit of SSH Group SSH.AX

** Under agreement, SSH will fund all pre-feasibility work and associated drilling to advance co's Mt Fisher Gold project in Western Australia

** SSH entitled to 25% share of the project's net profits

** About 130,000 shares change hands, 1.8x times the 30-day avg of 72,859

** Stock is up 89.9% YTD, including the session's moves

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))