** Cosmos Exploration C1X.AX jumps 4.4% to A$0.071
** Mineral explorer says it will raise A$1.3 mln ($812,370) for potential acquisition of EAU Lithium, a firm involved in development of metal heavily used in batteries for EVs
** Under placement, C1X will issue 25 mln shares at A$0.05
** Stock soared as much as 8.8% to A$0.74, highest since Jan. 23, 2024
** About 1.8 mln shares traded, ~7x the 30-day average
** C1X gains 129% YTD
($1 = A$1.6003)
(Reporting by Manasi Dasa Sundeep in Bengaluru)
((Manasi.DasaSundeep@thomsonreuters.com;))
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