BUZZ-Australia's Kingfisher Mining jumps on buying multiple exploration projects

Reuters

Jul 25, 2025

BUZZ-Australia's <a href="https://laohu8.com/S/KFM.AU">Kingfisher Mining</a> jumps on buying multiple exploration projects

** Shares of Kingfisher Mining Ltd KFM.AX rise 48.9% to A$0.07

** Stock set for best session since August 30, 2022, if current trends hold

** Stock rose as much as 70.2% to A$0.08, the highest level since October 2, 2024

** Diversified miner signs binding agreement with precious metals explorer Austin Metals AYT.AX to buy a portfolio of projects - ranging from early stage to advanced - including copper-gold, gold, and silver-lead-zinc projects in New South Wales

** Consideration to be satisfied via A$200,000 ($131,660) in cash, and A$200,000 in KFM shares to be issued to AYT upon completion

** Co to raise A$1.9 mln via issue of placement shares at an issue price of A$0.04 per share

** About 2.3 million shares change hands, 34.8x 30-day average volume

** Session lifts YTD gains to 75%

(Reporting by Shruti Agarwal in Bengaluru)

((Shruti.Agarwal@thomsonreuters.com))

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ranging from early stage to advanced - including copper-gold, gold, and silver-lead-zinc projects in New South Wales</p><p>** Consideration to be satisfied via A$200,000 ($131,660) in cash, and A$200,000 in KFM shares to be issued to AYT upon completion</p><p>** Co to raise A$1.9 mln via issue of placement shares at an issue price of A$0.04 per share</p><p>** About 2.3 million shares change hands, 34.8x 30-day average volume </p><p>** Session lifts YTD gains to 75%</p><p> (Reporting by Shruti Agarwal in Bengaluru)</p><p> ((Shruti.Agarwal@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AYT.AU","symbol_name":"AUSTIN METALS LTD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250725:nL4N3TM062:1","article_id":"2554758357","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2554758357","pubTimestamp":1753413710,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Australia's Kingfisher Mining jumps on buying multiple exploration projects** Shares of Kingfisher Mining Ltd KFM.AX rise 48.9% to A$0.07** Stock set for best session since August 30, 2022, if current trends hold** Stock rose as much as 70.2% to A$0.08, the highest level since October 2, 2024** Diversified miner signs binding agreement with precious metals explorer Austin Metals AYT.AX to buy a portfolio of projects - ranging from early stage to advanced - including copper-gold, gold, and silver-lead-zinc projects in New South Wales** Consideration to be satisfied via A$200,000  in cash, and A$200,000 in KFM shares to be issued to AYT upon completion** Co to raise A$1.9 mln via issue of placement shares at an issue price of A$0.04 per share** About 2.3 million shares change hands, 34.8x 30-day average volume ** Session lifts YTD gains to 75%  ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"AYT.AU":"AUSTIN METALS LTD","BK7095":"多种金属与采矿","KFM.AU":"KINGFISHER MINING LTD"},"translate_title":"BUZZ-澳大利亚翠丰矿业(Kingfisher Mining)收购多个勘探项目","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"KFM.AU":0.9,"AYT.AU":0.9},"content_text":"BUZZ-Australia's Kingfisher Mining jumps on buying multiple exploration projects** Shares of Kingfisher Mining Ltd KFM.AX rise 48.9% to A$0.07** Stock set for best session since August 30, 2022, if current trends hold** Stock rose as much as 70.2% to A$0.08, the highest level since October 2, 2024** Diversified miner signs binding agreement with precious metals explorer Austin Metals AYT.AX to buy a portfolio of projects - ranging from early stage to advanced - including copper-gold, gold, and silver-lead-zinc projects in New South Wales** Consideration to be satisfied via A$200,000 ($131,660) in cash, and A$200,000 in KFM shares to be issued to AYT upon completion** Co to raise A$1.9 mln via issue of placement shares at an issue price of A$0.04 per share** About 2.3 million shares change hands, 34.8x 30-day average volume ** Session lifts YTD gains to 75% (Reporting by Shruti Agarwal in Bengaluru) ((Shruti.Agarwal@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding,corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}