Lithium Junior Moves Higher on Sample Results

92 Resources Corp. (TSXV:NTY), a lithium junior, rose after announcing assay results from its Corvette Property

Sean Mason | September 11, 2018 | SmallCapPower

Assay results from channel sampling put a charge into shares of a lithium junior Tuesday. Here’s some small stocks making big moves on Tuesday, September 11, 2018 (as of 4 pm EST):

92 Resources Corp. (TSXV:NTY) shares gained 8% to $0.065 on Tuesday after the lithium junior announced assay results from the recently-completed 2018 summer field program at its 100% owned Corvette Property in Quebec, which included channel sampling assays of 2.28% Li2O over six metres and 1.54% Li2O over eight metres.

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As well, shares of HBC (TSX:HBC) added as much as 7% before easing 2% to $10.58 as the retailer said it has entered into definitive agreements with SIGNA Retail Holdings, a European retail and real estate operator, to form a strategic partnership for HBC’s European retail and real estate assets, which will result in net proceeds to HBC of C$616 million.

Greenbriar Capital Corp. (TSXV:GRB), meanwhile, reported that its subsidiary RealBlock Limited will begin commercial operations with Title Security of Arizona on October 5, 2018. Title Security of Arizona and its affiliated companies complete more than US$3 billion in transactions per year. Greenbriar Capital stock moved up 38% to $1.27 following the announcement.

Finally, Wesdome Gold Mines Ltd. (TSX:WDO) shares rose 4% to $3.52 after the gold miner announced additional results from the ongoing underground exploration drilling of the Kiena Deep A Zone at its 100% owned Kiena Mine Complex in Quebec, which included 53.6 g/t gold over 6.2 metres.

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

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