BUZZ-Australia's Emerald Resources gains on becoming debt free

Reuters

2025/04/02

** Shares of Emerald Resources EMR.AX rise 2.4% to A$3.775

** Stock set for its strongest session since March 14 if current trends hold

** Gold miner announces it is debt free after making the final payment under the $60 million Okavu debt facility with Sprott Private Resource Lending in June 2019, allowing for the development of Okavu Gold Mine

** About 1.6 mln traded in the stock's busiest session since March 26

** Stock up 16.2% YTD, including current session's moves

(Reporting by Manasi Dasa in Bengaluru)

((Manasi.DasaSundeep@thomsonreuters.com;))

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