Syrah soars on Africa deal

EXPLORER Syrah Resources’ shares have spiked by as much as 34% on news it will grow its African footprint by buying Jacana Resources.

Syrah soars on Africa deal Syrah soars on Africa deal Syrah soars on Africa deal Syrah soars on Africa deal Syrah soars on Africa deal

Syrah will snap up Jacana through the issue of 60 million company shares and 15 million options as well as a payment of $A1 million in cash to a project vendor.

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