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BUZZ — Australia's Avenira jumps most in more than 6 years on project development financing

* Shares of Avenira soar as much as 84.6% to A$0.012, posting their biggest intraday pct gain April 20, 2020 * Stock hits its highest level since early September 2024 * Fertiliser-focused project developer secures up to A$85 million ($59.11 million) in term facilities to further develop its Wonarah project in northern Australia * Hong Kong's Hebang Biotechnology Investment will provide A$50 million term facility and A$35 million working capital revolving facility, set for a term of eight years at Australia's cash rate target * About 63.2 mln shares change hands, 6.1x the 30-day average * Stock up 71.8% this year, including the day's move ($1 = 1.4380 Australian dollars) (Reporting by Rudrannsh Mehra in Bengaluru) ((Rudrannsh.Mehra@thomsonreuters.com;)

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