BUZZ-Australia's BPM Minerals rises on acquisition of gold project in Western Australia
Reuters
Jul 07
BUZZ-Australia's BPM Minerals rises on acquisition of gold project in Western Australia
** Shares of BPM Minerals BPM.AX rise as much as 65.5% to A$0.048, their highest level since late February
** The gold miner says it will acquire the Forelands Gold Project in Western Australia that hosts high-grade, near-surface, visible gold mineralisation
** About 6.1 mln shares change hands, 25x its 30-day avg
** Stock down ~30% YTD, including current session's moves
(Reporting by Anjali Singh in Bengaluru)
((anjali.singh2@thomsonreuters.com))
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