BUZZ-Australia's Delorean rises on liquid carbon dioxide offtake deal

Reuters
17 Mar
BUZZ-Australia's Delorean rises on liquid carbon dioxide offtake deal

** Shares of Delorean Corporation DEL.AX rise 10.7% to A$0.155, their highest levels since February 10

** The renewable energy co says it entered a long-term offtake with Supagas for supply of liquid carbon dioxide

** Deal for the supply of biogenic food-grade liquid carbon dioxide to be produced from co's SA1 bioenergy facility in South Australia - co

** Stock hits its highest level since February 6

** Delorean stock down 8.8%, YTD

(Reporting by Adwitiya Srivastava in Bengaluru)

((Adwitiya.Srivastava@thomsonreuters.com))

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