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Australia's Antipa Minerals rises on stake sale in JV project



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** Shares of Antipa Minerals AZY.AX rise as much as 14.3% to A$0.016, their highest level since May 29

** Mineral Explorer to sell its 32% interest in Citadel JV Project to JV partner Rio Tinto Exploration Pty for A$17 mln ($11.44 mln)

** Adds, proceeds from sale will boost co's cash reserves to ~A$23 mln, enabling further exploration and advancement of its Minyari Dome Gold-Copper Project

** About 16.7 mln shares change hands by 0107 GMT, 3.6 times the 30-day average volume of shares

** Stock has fallen 17.6% YTD, as of last close


($1 = 1.4863 Australian dollars)



Reporting by Sherin Sunny in Bengaluru

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