Resource Junior Rises on Drill Program Update

Manganese X Energy Corp. (TSXV:MN), a resource junior, climbed after announcing that drilling is about to begin at its Battery Hill project

Sean Mason | September 15, 2020 | SmallCapPower

A pending manganese drill program attracted speculators to shares of a resource junior Tuesday. Here’s some small stocks making big moves on Tuesday, September 15, 2020 (as of 4 pm EST):

Manganese X Energy Corp. (TSXV:MN) shares jumped 69% to $0.86 on Tuesday after the resource junior announced that drilling at the Battery Hill manganese project in New Brunswick is expected to begin within the next three weeks.

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As well, shares of CloudMD Software & Services Inc. (TSXV:DOC) continued to move higher Tuesday, up 18% to $2.13 following an 11% gain on Monday, after the telehealth company said it has agreed to acquire iMD Health Global Corp., a platform featuring peer-reviewed healthcare resources.

Killi Ltd. (TSXV:MYID), meanwhile, reported that it has added 25 million new accounts in September, following the 4.8 million account additions made in August. The Company operates a consumer privacy platform, which compensates users in cash for the use of their data. Killi stock moved up 262% to $0.235 following the announcement.

Finally, Lions Bay Capital Inc. (TSXV:LBI) shares gained 55% to $0.085 after the investment company announced an agreement for the right to acquire an interest in a South African gold mine and milling complex.

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

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