BUZZ-NANO Nuclear Energy joins US Civil Nuclear Industry Working Group; shares rise

Reuters11-12

** Shares of NANO Nuclear Energy rise 8.1% to $23.35

** Company announces that it is one of the 16 civil nuclear entities joining the U.S. Civil Nuclear/SMR Industry Working Group for Southeast Asia

** NNE to support the deployment and export of U.S. small modular reactors and advanced nuclear technologies to Southeast Asia

** On Friday, the Biden administration outlined a plan to triple the United State's nuclear power capacity by 2050, to meet the soaring demand for nuclear technology, which is seen as a source of carbon-free energy

** Since it began trading earlier this year in May, stock is up ~316%

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))

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