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TAW - Tawana Resources NL News Story

A$0.31 0.0  0.0%

Last Trade - 04/12/18

Sector
Basic Materials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £99.7k
Position in Universe th / 1833

BUZZ-Australia's Tawana Resources hits over 2-mth high; Alliance Mineral Assets merger gets court nod

Tue 4th December, 2018 3:37am
** Shares of Tawana Resources NL  TAW.AX  rise as much as
3.2 pct to A$0.325, their highest since Oct. 3 
    ** Lithium producer's merger with Alliance Mineral Assets
Ltd  ALLI.SI  , received approval from Federal Court, to acquire
100 pct ordinary shares of Tawana  urn:newsml:reuters.com:*:nASX2JzV9t
    ** The merger was announced in April, with plans to conduct
fully underwritten placement to raise gross proceeds of A$25
million ($18.40 million)
    ** Stock on track for fourth consecutive session of gains
    ** About 1.6 mln shares change hands, compared with the
30-day average volume of 752,769 
     ** Stock down 31.5 pct this year as of last close, compared
with a 5 pct fall in the All Ordinaries index  .AORD  in the
same period


($1 = 1.3589 Australian dollars)

 ((Simran.Lakhotia@thomsonreuters.com;))
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