Blockchain Technologies Stock Jumps on Development Deal

Leonovus Inc. (CVE:LTV), a blockchain technologies stock, moved higher after signing a product development agreement with DLT Labs

Sean Mason | October 4, 2017 | SmallCapPower

A blockchain technologies stock sparked much speculation Wednesday as the sector continues to heat up. Here’s some small stocks making big moves on Wednesday, October 4, 2017 (as of 4 pm EST):

Leonovus Inc. (TSXV: LTV), a blockchain technologies stock, climbed 13% to $0.175 on Wednesday after announcing that it has a signed a product development agreement with DLT Labs to accelerate the engineering of the blockchain components of the Leonovus software-defined storage solution.

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As well, shares of Aben Resources Ltd. (TSXV: ABN) sank 33% to $0.26 as the gold explorer released results for the first four drill holes of the Phase-One drill program at the Forrest Kerr Gold Project located in British Columbia, which included 0.26 g/t gold over 387.0 metres.

Pétrolia Inc. (TSXV: PEA) stock, meanwhile, popped 115% to $0.355 after it began trading following an extended halt. The Company reported recently that it plans to pay a special dividend of $0.0831 per Pétrolia share.

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Disclosure: Neither the author nor any of the principals at SmallCapPower, or their family members, own shares in any of the companies mentioned above.

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