BUZZ-Australia's Austchina rises on Bluestone Energy's investment plans
Reuters
Oct 13, 2025
BUZZ-Australia's Austchina rises on Bluestone Energy's investment plans
** Shares of Austchina AUH.AX rise as much as 66.7% to A$0.0025, their highest level since September 13
** The mineral resource explorer receivesa non-binding letter of intent from Bluestone Energy Holdings Limited to invest up to A$1.5 million ($979,200) in co at an issue priceof A$0.003 per share
** Funds raised to be used for acquisitions of new resources projects, assets and investments, others
** Stock has risen 66.7% this year, including the session's moves
($1 = 1.5319 Australian dollars)
(Reporting by Sherin Sunny in Bengaluru)
((Sherin.Sunny@thomsonreuters.com))
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