** Shares of Tivan TVN.AX rise 9.8% to A$0.090
** Stock set for its strongest session since January 16 if current gains hold
** Critical minerals co announces it has been awarded seven exploration and evaluation licenses in the Democratic Republic of East Timor
** Licenses for the Turiscai Project that is highly prospective for copper-gold mineralisation
** Co has also signed an MoU with the country's National Mineral Authority to facilitate enhanced technical collaboration and community development initiatives in the Turiscai region
** 3.1 mln shares change hands, 1.7x the 30-day average of 1.8 mln
** Stock down 10% YTD, including current session's moves
(Reporting by Manasi Dasa in Bengaluru)
((Manasi.DasaSundeep@thomsonreuters.com;))
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