Belo Sun Mining Corp. (TSE:BSX), a junior gold stock, rose after a judge lifted the temporary injunction related to the Construction License for its Volta Grande Project in Brazil
Sean Mason | June 23, 2017 | SmallCapPower
Temporary injunction relief was a bit of good news for shareholders of a junior gold stock Friday. Here’s some small stocks making big moves on Friday, June 23, 2017 (as of 4 pm EST):
Belo Sun Mining Corp. (TSX: BSX) shares gained 8% to $0.67 on Friday after the junior gold stock announced that the judge of the Agrarian Court of Altamira has lifted the temporary injunction related to the Construction License for the Company’s Volta Grande Project in Brazil.
As well, shares of Critical Outcome Technologies Inc. (TSXV: COT) slid 8% to $0.225 as the clinical stage biopharmaceutical company advancing a pipeline of targeted therapies for the treatment of cancer said it is planning to consolidate its issued and outstanding common shares on the basis of 10 pre-consolidation common shares for 1 post-consolidation common share.
RMP Energy Inc. (TSX: RMP), meanwhile, reported the recent successful commissioning and start-up of its 100% owned and operated Elmworth 2-23 oil battery and gas handling facility in the Elmworth (Gold Creek) field of Alberta. RMP Energy stock moved up 12% to $0.58 following the announcement.
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Disclosure: Neither the author nor any of the principals at Small Cap Power, or their family members, own shares in any of the companies mentioned above.
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