Australia's Gladiator Resources rises on Tanzania exploration licence grant

US1 Critical Minerals

24/09/2021 01:38

** Gold miner Gladiator Resources  GLA.AX  rises as much as
32.5% to A$0.053, their biggest intraday pct jump since Aug. 11
    ** Says https://www.investi.com.au/api/announcements/gla/a74fa07a-95f.pdf
 all seven exploration licenses applied for by Tanzanian unit,
Zeus Resources (T), granted by Tanzanian Mining Commission
    ** Licence covers areas in northern and southern Tanzania,
with focus on gold and uranium
    ** GLA has outperformed the S&P/ASX 200 Materials (Industry
Group) sector  .AXMAJD  by 105.8 percentage points in the past
one month
    ** Stock has more than doubled in value this year as of last
close

 (Reporting by Sameer Manekar in Bengaluru)
 ((Sameer.Manekar@thomsonreuters.com;))