Australia's Strategic Energy jumps as co gets funds for Northern Territory project

Strategic Energy Resources

07/06/2021 05:27

** Shares of the mineral exploration co  SER.AX  rise as
much as 10% to A$0.066, their highest since May 24
    ** Strategic Energy awarded A$135,000 (~$104,400) funding by
Australia's Northern Territory government to drill two 650-metre
diamond drill holes at its East Tennant project  urn:newsml:reuters.com:*:nAZN018SFP
    ** More than 936,000 shares traded by 0345 GMT vs their
30-day moving avg of 741,000 shares
    ** Up to Friday's close, stock up 66.7% this year
    
    ($1 = 1.2932 Australian dollars)

 (Reporting by Shashwat Awasthi in Bengaluru)
 ((Shashwat.Awasthi@thomsonreuters.com))