** Shares of Australia's Canterbury Resources CBY.AX rise as much as 9.1% to A$0.024, a peak since April 9
** Stock posts its biggest intraday pct gain since April 3
** Miner signs binding term sheet for acquisition of Molcopnick Pty Ltd, which holds Jack Shay project in Central Queensland
** Under the deal, CBY to offer 5 mln shares in co, with 5 mln free attaching options as purchase price
** Stock largely flat YTD
(Reporting by Roshan Thomas in Bengaluru)
((Roshan.Thomas@thomsonreuters.com))
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