** Shares of Asara Resources AS1.AX rise as much as 4.9% to A$0.085, their highest level since December 2
** Gold explorer will acquire Singapore-based Arafura Ouest, which holds two gold exploration permits in Guinea
** Stock up 347.4% YTD
(Reporting by Anjali Singh in Bengaluru)
((anjali.singh2@thomsonreuters.com;))