Junior Explorer Climbs on Visible Gold Discovery

Amex Exploration Inc. (TSXV:AMX), a junior explorer, moved higher after identifying multiple visible gold grains in a drill hole at its Perron gold project in Quebec

Sean Mason | January 4, 2018 | SmallCapPower

Visible gold was likely a welcomed sight for more than a few shareholders of a junior explorer Thursday. Here’s some small stocks making big moves on Thursday, January 4, 2018 (as of 4 pm EST):

Amex Exploration Inc. (TSXV:AMX) shares jumped 35% to $0.175 on Thursday after the junior explorer announced that it has identified multiple visible gold grains in Hole PE2017-03, which is the third drill hole done out of 14 planned holes on its 100% owned Perron gold project in Quebec.

As well, shares of Jackpot Digital Inc. (TSXV:JP) gained 22% to $0.055 as the electronic table games manufacturer and mobile gaming provider said it has entered into a binding LOI and a 90-day lock-up agreement with International Interactive Ventures of Ramat Gan Israel, and associated companies, for the acquisition of all of the assets associated with cryptocurrency mining, blockchain technology, software and associated IP.

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ProMIS Neurosciences, Inc. (TSX:PMN), meanwhile, reported that its lead product candidate for Alzheimer’s disease (AD), PMN310, showed absence of binding to amyloid beta (Aβ) plaque in and around blood vessels in AD brain samples in a preclinical study directly comparing PMN310 to other Aβ-directed antibodies. ProMIS Neurosciences stock moved up 15% to $0.235 following the announcement.

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

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