Australia's Uvre rises on gold project acquisitions in New Zealand
ReutersMay 19, 2025 3:15 AM
Mineral explorer Uvre UVA.AX up 6.4%
UVA had risen as much as 22.3% to A$0.115; highest since November 25, 2024
Co says it will acquire Minerals Exploration in exchange for 75 mln UVA shares
Acquisition will give UVA control over Minerals Exploration's gold unit Otagold, which holds exploration and prospecting permits in New Zealand
Trading volume at about 1 mln, 15.3x the 30-day average
Stock up 12.4% YTD
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