Gold Explorer Soars on Drill Results

Evrim Resources Corp. (TSXV:EVM), a gold explorer, surged after announcing drill results that included 13.61 g/t gold over 106.2 metres

Sean Mason | April 16, 2018 | SmallCapPower

Potential ‘bonanza’ grade drill results sent shares of a gold explorer surging Monday. Here’s some small stocks making big moves on Monday, April 16, 2018 (as of 4 pm EST):

Evrim Resources Corp. (TSXV:EVM) shares powered 52% higher to $1.40 on Monday after the gold explorer announced additional exploration results from the Phase Two exploration program on its 100%-owned Cuale gold project in Mexico, which included 13.61 grams per tonne (g/t) gold over 106.2 metres from 29.4 metres along the trench.

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As well, shares of The Mint Corporation (TSXV:MIT) jumped 17% to $0.46 as the globally-certified payments company said its majority-owned subsidiary, Mint Middle East LLC, has signed licensing agreements, effective April 15, 2018, with Interac Corp., Canada’s first and only domestic debit network, granting Mint Middle East exclusive rights in the United Arab Emirates (UAE) to use Interac’s contactless specifications and payments software products.

Read: The Mint Corporation (TSXV:MIT) Expands Its Global Reach into India

Aveda Transportation and Energy Services Inc. (TSXV:AVE), meanwhile, reported that it has agreed to be acquired by Daseke, Inc. (NASDAQ:DSKE) for C$0.90 per Aveda common share, or 0.0751 Daseke common shares for each Aveda common share held. Aveda stock popped 81% to $0.96 following the announcement.

To find out more about The Mint Corporation, please visit the company’s Investor Hub.

Ubika Research/SmallCapPower has received compensation from Mint to provide analyst research coverage. For full disclosure please visit here >>.

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Disclosure: Neither the author nor his/her family own shares in any of the companies mentioned above.

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