Australia's Zenith Minerals jumps on regaining full interest in two lithium projects

Zenith Minerals

11/01/2024 24:30

** Shares of Zenith Minerals  ZNC.AX  rise as much as 11.1%
to A$0.150, posting their biggest intraday percentage gain since
Dec. 27, 2023
    ** Stock hits its highest level since Dec. 29
    ** Battery metals explorer says it regained 100% interest in
the Split Rocks Lithium Project and Waratah Well Lithium Project
in Western Australia
    ** In January 2022, co had granted a unit of EV Metals 
opportunity to earn 60% interest in the projects, subject to
certain conditions
    ** More than 455,500 shares change hands, compared with the
30-day average volume of 155,550
    ** Stock fell 43.4% last year 

 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.govindrao@thomsonreuters.com;))