BUZZ-Australia's Kali Metals eyes best session ever after JV expansion with SQM

Reuters10-07

** Shares of Kali Metals soar as much as 125% to A$0.27, set for their best session to date if current trend holds

** KM1 hits highest level since June 26

** The specialty miner expands JV agreement with partner Chile-based SQM in its exploration projects in Pilbara, Western Australia

** Says co to acquire two additional land tenements for exploration

** Adds SQM committed A$1 million ($680,400.00) expenditure to earn 50% interest in expanded tenements

** More than 910,000 shares change hands, 10.1X 30-day avg

($1 = 1.4697 Australian dollars)

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment