Australia's Gladiator resources rises on completing uranium acquisition

US1 Critical Minerals

24/05/2022 03:33

** Shares of mineral exploration co Gladiator Resources
 GLA.AX  rise as much as 19.1% to A$0.025, their biggest
intraday pct gain since April 8
    ** GLA completed acquisition of mineral explorer Zeus
Resources (T) Ltd  urn:newsml:reuters.com:*:nASX3D9MW5
    ** Acquisition gives Gladiator 100% ownership of seven
licenses prospective for uranium in Tanzania
    ** Shares hit their highest value since May 9
    ** Stock has fallen 38.2% this year as of last close

 (Reporting by Anan Ashraf in Bengaluru)
 ((Anan.Ashraf@thomsonreuters.com;))