Australia's Mont Royal hits record high on option agreement for Canada gold-copper project

Azimut Exploration

22/09/2020 01:42

** Shares of minerals explorer Mont Royal Resources  MRZ.AX 
rise as much as 64.7% to a record high of A$0.42
    ** Co enters joint venture option agreement with Canadian
explorer Azimut Exploration  AZM.V  (https://bit.ly/3cijefb)
    ** Option agreement for Mont Royal to earn-in up to 70% of
the Wapatik gold-copper project located in Quebec
    ** MRZ stock also marks a record intraday pct gain
    ** More than 1.2 mln shares change hands, compared with the
30-day average of about 111,800 shares
    ** Stock has risen 2% this year as of last close

 (Reporting by Sameer Manekar in Bengaluru)
 ((Sameer.Manekar@thomsonreuters.com;))