** Elevate Uranium EL8.AX rises as much as 5.8% to A$0.460, highest since October 7
** Uranium explorer divests its Oobagooma project to Orpheus Uranium ORP.AX and its unit
** Deal includes upfront equity of 15 million Orpheus shares
** ORP rises 2.4%
** YTD, EL8 gains 69.8%, ORP up 20%
(Reporting by Nichiket Sunil in Bengaluru)
((Nichiket.Sunil@thomsonreuters.com))
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