Australia's Strategic Energy Resources hits over one-month high on govt grant

Strategic Energy Resources

17/01/2022 24:38

** Shares of Strategic Energy Resources Ltd  SER.AX  gain as
much as 6.3% to A$0.034, their highest since Dec. 7
    ** The minerals explorer says https://strategicenergy.com.au/wp-content/uploads/2022/01/220117-SER-Wins-Government-Funding-For-Drilling-And-Key-Exploration.pdf
 it has received a A$120,000  ($86,496.00) grant from the
government of New South Wales to fund diamond drilling
activities at co's Achilles Copper-Gold target at South Cobar 
    ** Adds that it has got four exclusive exploration licenses
in  Macquarie Arc, Parkes Fault Zone, Cobar Basin and Curnamona
Province by government to expand existing tenement footprints
    ** Stock had fallen 11.1% in 2021

 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com;))