Resource Junior Rises on Environmental Update

Giyani Metals Corp. (TSXV:EMM), a resource junior, jumped after being granted final approvals to implement Environmental Management Plans at its manganese prospects

Sean Mason | July 26, 2019 | SmallCapPower

Another step further in developing two manganese projects was good news for shareholders of a resource junior Friday. Here’s some small stocks making big moves on Friday, July 26, 2019 (as of 4 pm EST):

Giyani Metals Corp. (TSXV:EMM) shares powered 10% higher to $0.23 on Friday after the resource junior announced that the Department of Environmental Affairs in Botswana has granted the Company final approvals to implement Environmental Management Plans at its K.Hill and Otse manganese prospects.

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As well, shares of CannTrust Holdings Inc. (TSX:TRST) jumped 17% to $3.01 as the Canadian cannabis company said its Board of Directors has terminated the employment of CEO Peter Aceto “with cause” and demanded the resignation of the Company Chair Eric Paul following a Globe & Mail report that both men were made aware of the illegal grows six months before they were discovered by the regulator.

Benchmark Metals Inc. (TSXV:BNCH) stock, meanwhile, continued to move higher Friday, up 10% to $0.335 following a 7% gain on Thursday, after reporting that the Government of British Columbia has granted a five-year Work Permit for exploration and drilling at the Lawyers Gold-Silver Project.

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

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