BUZZ-Australia's OD6 Metals gains on funds to explore copper project

Reuters
02-12
BUZZ-Australia's OD6 Metals gains on funds to explore copper project

** Shares of OD6 Metals OD6.AX rise 2.1% A$0.048

** Stock hit its highest point since Jan 31

** The copper and rare earths-focused miner receives firm commitments to raise A$1.17 million ($737,568.00) at issue price of A$4.5 AU cents per share

** Co says funds to be used to advance exploration at its Gulf Creek Copper project, located in New South Wales

** Stock marks its biggest intraday gain since Jan 16

($1 = 1.5863 Australian dollars)

(Reporting by Rajasik Mukherjee in Bengaluru)

((Rajasik.Mukherjee@thomsonreuters.com))

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