Australia's Bindi Metals hits nearly 22-month high on buying Serbia gold project

Bindi Metals BIM.AX soars as much as 29.2% to A$0.155, highest since December 13, 2023

Stock marks biggest intraday pct gain since September 19, 2024

Metal mining explorer signs binding agreement with RedCreek d.o.o.

Under deal, firm granted option to acquire 20% interest in Ravni project in A$200,000 cash-and-share consideration, expandable to earn in up to total 80% interest by completing agreed exploration spending

Co announces placement to raise A$2.5 mln ($1.7 mln) at A$0.09/share

Issue price represents 25% discount to last close

About ~2.1 mln shares traded in stock's busiest session ever, 27.1x the 30-day average

YTD, BIM gains 47%

($1 = A$1.5161)