** Shares of Lithium Plus Minerals Ltd down 9.1% to A$0.15 after eight straight sessions of gains
** Australian lithium firm agrees to buy two projects - MacDonnell Ranges Uranium Project in the Northern Territory and the Fox Hill REE Project in New South Wales
** Under the deal, existing Moonlight project to be consolidated into newly formed subsidiary Newco with LPM retaining ownership of 50% of the new entity
** Stock down ~58% so far this year
(Reporting by Prerna Bedi in Bengaluru)
((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))
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