Australia's Titan Minerals soars, Lingbao Gold to buy stake

Titan Minerals

15/10/2025 01:44

** Shares of Titan Minerals TTM.AX soar as much as 26.3% to A$0.6, posting their biggest intraday pct gain since March 4, 2024
** Co says Lingbao Gold International will buy 9.9% of TTM for $10 million
** Offer price of $0.3874 per share represents a 31% premium to stock's last close on October 13; shares were halted for trading on October 14
** Shares hit highest level since October-end, 2024

** YTD, shares up 42.1%

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))