March 26, 2019 / 12:44 AM / 9 months ago

BUZZ-Australia's Westgold jumps; co sells Higginsville operations to Canadian co

** Shares of Westgold Resources Ltd rise as much as 6.3 pct to A$1.275, their highest since Oct. 5, 2018

** The gold explorer divests its Higginsville gold operations in Western Australia to Canadian peer Royal Nickel Corp

** Consideration of deal is A$25 million ($17.80 million) in cash and A$25 million in RNC shares

** Co’s shares up 36.4 pct this year, as of last close ($1 = 1.4049 Australian dollars)

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