** Shares of TG Metals TG6.AX rise 38.1% to A$0.14, their highest level since January 13
** Mineral resource explorer says it acquired 80% of the Van Uden Gold Project in Western Australia
** Deal for an upfront cash payment of A$2.5 million ($1.58 million) and issue of 5.7 mln fully paid ordinary shares in co
** Stock rose as much as 71.4% earlier in the day, marking its biggest intraday gain since October 30, 2023
** TG6 down 10% YTD
($1 = 1.5785 Australian dollars)
(Reporting by Adwitiya Srivastava in Bengaluru)
((Adwitiya.Srivastava@thomsonreuters.com))
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