Australia's Investigator Resources rises on selling interest in North Territory project

Thor Energy

16/09/2025 01:49

** Shares of Investigator Resources IVR.AX rise as much as 6.7% to A$0.032, their highest level since June 20

** Metal explorer, along with its joint venture partner Thor Energy THR.AX, to divest its 25% interest in Molyhil tungsten-molybdenum project in the Northern Territory to Tivan TVN.AX

** Says transaction to deliver up to A$2.19 million ($1.46 million) in staged consideration to co

** Adds deal allows co to focus on developing precious metals assets

** Stock up 55% YTD, including current session's moves

($1 = 1.4999 Australian dollars)

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com))