BUZZ-Australia's Image Resources gains on securing $20 mln offtake prepayment facility

Reuters

2024/10/24

** Shares of mineral sands miner Image Resources rise as much as 7.8% to A$0.097

** Co says it secured a $20 mln offtake prepayment facility with China-based firms Shantou Natfort Zirconium & Titanium Co

** Says funds will be used for working capital at Atlas mineral sands project in Perth

** Around 1.4 mln shares change hands, 4.8x the 30-day avg

** Stock up 52.4% YTD, including current session, as at 0257 GMT

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com;))

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