Corrects spelling of brokerage's name in headline and bullets

** Shares of Catalyst Metals CYL.AX rise 5.2% to notch a lifetime high of A$4.84

** The gold miner said on Monday that peer Kaiser Reef will buy co's Henty mine in Tasmania, and transaction terms include A$15 million ($9.42 million) cash consideration

** Bell Potter says co's plans to sell Henty gold mine "makes sense" as it simplifies the business

** Brokerage upgrades rating to "buy" and price target to A$5.5 from A$4.45

** Bell Potter says a divestment enables Catalyst greater focus on the expansion and exploration of its flagship Plutonic operation

** Brokerage adds mine sale also adds low cost and rapid option to unlock value at Bendigo project

** Stock up 78.3% YTD, including current session's moves

($1 = 1.5916 Australian dollars)

(Reporting by Nikita Maria Jino in Bengaluru)

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