BUZZ-Australia's Lake Resources jumps on lithium assets sale

Reuters

2024-11-13

** Shares of Lake Resources rise 7.6% to A$0.057, set for their best session since Oct. 18 - if current gains hold

** Specialty miner has entered into asset sale agreement with U.S.-based private firm Austroid Corp for $9 mln

** Co to sell three non-core lithium brine assets in Argentina

** Says funds from sale to support progress of co's Kachi project in Argentina

** Stock down 56.2% YTD, including current session's moves

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))

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