BUZZ-Australia's Redstone Resources rises on acquisition of gold, lithium projects

LITHIUM CORPORATION

LITHIUM CORPORATION

LTUM

0.00

** Shares of Australia's Redstone Resources RDS.AX rise as much as 100% to A$0.004, their biggest intraday pct gain since April 2025

** Shares hit their highest level since May 26

** The base, precious metals and lithium company acquires a portfolio of gold, lithium, copper and base metals exploration projects located in Greenfields, Western Australia

** Acquisition from private exploration company, Hurricane Prospecting, for A$225,000 ($158,355.00)

** About 6.8 million shares trade hands, vs the 30-day average of 906,332 shares

** Redstone stock up 16.7%, YTD, including session's moves

($1 = 1.4209 Australian dollars)