BUZZ-Australia's Elevate Uranium rises on project divestment

Reuters

2025/10/14

BUZZ-Australia's <a href="https://laohu8.com/S/ELVUF">Elevate Uranium</a> rises on project divestment

** Elevate Uranium EL8.AX rises as much as 5.8% to A$0.460, highest since October 7

** Uranium explorer divests its Oobagooma project to Orpheus Uranium ORP.AX and its unit

** Deal includes upfront equity of 15 million Orpheus shares

** ORP rises 2.4%

** YTD, EL8 gains 69.8%, ORP up 20%

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))

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