** Shares of Andromeda Metals ADN.AX rise 31.82% to A$0.0145, their highest level since May 14
** Miner says that Merricks Capital has confirmed credit approval for A$75 million ($48.46 million) debt facility
** Adds, facility will support the development of Great White Project in South Australia
** Over 39.2 million shares change hands, 1.7x the 30-day avg
** Stock rose as much as 40.9% earlier in the day, marking its biggest intraday gain since May 1
** Stock so far this year has doubled in value
($1 = 1.5477 Australian dollars)
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk))
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