** Shares of Blaze Minerals rise 20% to A$0.006, set to gain most since Oct. 1, if current trend holds
** Mineral explorer enters binding agreement with Gecko Minerals (Gecko) to acquire its 60% stake in Gecko Minerals Uganda for Ntungamo and Mityana Project
** Says it will give Gecko 625 mln co shares, of which Gecko will distribute 520 mln to its shareholders and retain the rest
** Adds, as part of the deal co can buy the remaining stake in Gecko Minerals Uganda for $0.8 mln within 2 years or converted into a 2% net smelter royalty
** Over 11.6 mln shares change hands, 24x the 30-day avg
** Stock down 25% YTD, including current session as at 0405 GMT
($1 = 1.4961 Australian dollars)
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com;))
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