BUZZ-Australia's <a href="https://laohu8.com/S/BSN.AU">Basin Energy</a> to acquire critical miner NeoDys; stock surges** Basin Energy BSN.AX surges as much as 220% to A$0.08, highest since June 4, 2024
** Stock set for strongest session ever
** Metals explorer to acquire NeoDys Limited, privately-held critical minerals explorer based in Western Australia
** Receives firm commitment to raise A$1.25 mln ($812,250) via two-tranche placement
** Issue price of A$0.025 same as last close
** Says funds will be used for air core drilling on Barkly Tablelands uranium, rare earth element targets, others
** About 26.6 mln shares traded in stock's busiest day ever, ~91x the 30-day average
** BSN last up 156%, taking YTD gains to 276.5%
($1 = A$1.5389)
(Reporting by Ananya Verma in Bengaluru)
((ananya.verma@thomsonreuters.com;))
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