BUZZ — Australia's Venari Minerals hits near one — month high on Nevada land and water rights deal

* Shares of Australia's Venari Minerals rise as much as 14.3% to A$0.120, their biggest intraday pct gain since September 14 * Stock hits its highest level since September 29 * Diverisified explorer acquires a freehold property and associated water rights near its Red Mountain Lithium Project in Nevada for $400,000 * Venari says the acquisition secures a substantial water entitlement in a district where water access is a key development constraint * YTD, stock down 30%, including session's moves ($1 = 1.4378 Australian dollars) (Reporting by Paridhi Minda in Bengaluru) ((Paridhi.minda@thomsonreuters.com)