BUZZ-Australia's Bryah Resources gains on acquiring gold project in Canada

Reuters

2025/05/21

** Shares of Bryah Resources BYH.AX rise 25% to A$0.005; marks biggest intraday percentage gain ever

** Battery metals explorer signs option term sheet with Globex Mining Enterprises Inc GMX.TO to acquire the Golden Pike high-grade gold project in Canada

** Bryah to pay A$80,000 ($51,464.00) on execution of a formal sale contract, others

** Bryah expects to benefit from rising gold prices through purchase of the project

** About 21.9 million shares change hands by 0154 GMT, 13.6x 30-day average

** Stock up 25% YTD

($1 = 1.5545 Australian dollars)

(Reporting by Sherin Sunny in Bengaluru)

((Sherin.Sunny@thomsonreuters.com;))

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