** Shares of Errawarra Resources ERW.AX rise 92.3%% to A$0.050, their highest since January 13
** The battery metal-focused company acquires 70% of Elizabeth Hill Silver Project in Australia's West Pilbara mining region
** Co says it is now underpinned by a high-grade
historical producing silver asset
** Additionally, co announces A$3 million ($1.89 million) placement at A$0.027 per share, representing a premium of 3.8% to stock's last close
** Stock set for record strongest session
** Stock up more than 2% YTD, including moves in day's session
($1 = 1.5908 Australian dollars)
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
((Jasmeenaraislam.shaikh@thomsonreuters.com))
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