BUZZ-Australia's Terra Uranium gains on acquisition of Canadian projects

Reuters

2024/10/11

** Shares of Terra Uranium rise as much as 10.7% to A$0.062, set to best session since Sept 27, if current gains hold

** The mineral explorer signs a definitive option agreement with ATHA Energy - a Canadian mineral co, giving T92 the option to acquire up to 70% of ATHA's Spire and Horizon projects

** Co says two projects consist of 12 mineral claims near Athabasca Basin, Saskatchewan, Canada

** Adds agreement to increase co's footprint in highly prospective Athabasca Basin

** Stock down 56%, YTD

(Reporting by Rajasik Mukherjee in Bengaluru)

((Rajasik.Mukherjee@thomsonreuters.com;))

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