** Shares of Orpheus Uranium ORP.AX rise 2.9% to A$0.035, their highest since March 7
** The uranium explorer acquires Pirie Basin Uranium Project in South Australia
** Also announces A$1.25 million ($801,625.00) capital raising at A$0.028 per share to fund exploration activities on the acquired project
** Stock down 8.6% YTD, including moves in current session
($1 = 1.5593 Australian dollars)
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
((JasmeenAraIslam.Shaikh@thomsonreuters.com;))
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