BUZZ - Australia’s Janus Electric company shares rise after receiving a $1.4 million investment

October 28 - ** Janus Electric (JNS.AX) shares rose as much as 10.2% to AUD 0.65, reaching their highest level since October 12

** The electric vehicle technology company received a AUD 2 million (USD 1.41 million) investment from lithium-ion battery manufacturer Electrovaya Inc (ELVA.TO) (link)

** It also placed its first purchase orders for lithium-ion battery systems with Electrovaya, amounting to AUD 37.5 million, for truck projects planned for deployment in the United States and Canada

** Shares have risen for the fifth consecutive trading day

** Including today's performance, the shares have surged a total of 1,059.1% so far this year

(USD 1 = AUD 1.4229)

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