Reach Resources rises, buys rare earth projects in Western Australia

Surge Copper

29/11/2021 24:58

** Gold and base metals explorer Reach Resources  RR1.AX 
rises as much as 11.1% to A$0.01
    ** Says https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02458948-6A1065533?access_token=83ff96335c2d45a094df02a206a39ff4
 entered conditional binding heads of agreement to buy Critical
Elements Pty, which holds exploration licences for the Gascoyne
project in Western Australia
    ** RR1 earlier in the month https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02451588-6A1062510?access_token=83ff96335c2d45a094df02a206a39ff4
 settled acquisition of rare earths project Skyline Resources
Corp in Gascoyne
    ** About 8.1 mln shares change hands, vs the 30-day average
of 4.4 mln shares
    ** RR1 has more than doubled this year, as of last close

 (Reporting by Sameer Manekar in Bengaluru)
 ((Sameer.Manekar@thomsonreuters.com; Twitter: https://twitter.com/sameer_manekar))