BUZZ-Australia's Koba Resources jumps on uranium rights acquisition in onshore project

Reuters01-22

** Shares of Koba Resources rise as much as 25% to A$0.150, their highest level since July 26, 2023

** Stock set for best day since Nov 8, if gains hold

** The speciality miner says co entered binding agreements with Havilah Resources to acquire an 80% interest in uranium rights for onshore project in South Australia

** Co adds inaugural drilling programme at onshore project to start after completion of transaction in 2Q2024

** Around 956,401 shares change hands, compared with the 30-day average volume of 104,264 shares

** Stock up 71.4% this year, as of last close

(Reporting by Shivangi Lahiri in Bengaluru)

((shivangi.lahiri@thomsonreuters.com))

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