EXO U Inc. (CVE:EXO), an educational tech stock, jumped after announcing a partnership Samsung Electronics America, Inc.
Sean Mason | September 27, 2016 | SmallCapPower
An agreement with Samsung sent an educational tech stock to the head of its class Tuesday. Here’s some small stocks making big moves on Tuesday, September 27, 2016 (as of 4 pm EST):
Educational tech stock EXO U Inc. (CVE:EXO) powered 650% to $0.15 on Tuesday after announcing that Samsung Electronics America, Inc. has agreed to be an authorized referral partner to promote, bundle, and refer EXO U’s Ormiboard to new and current Samsung customers.
As well, shares of OceanaGold Corporation (TSE:OGC) fell 14% to $4.05 as the gold miner revealed that its Didipio operation in the Philippines was mentioned by the Department of Environment and Natural Resources as one of the 23 mining companies listed that may have their operations suspended, due to alleged outstanding social issues.
Northern Iron Corp. (CVE:NFE) stock, meanwhile, continued to move higher Tuesday, up 9% to $0.06. On Monday, shares of the resource junior jumped 10% after announcing its intention to focus attention on the lithium market in China by leveraging its existing relationship with current Chinese partners OMC Investments, which currently own 19.9% of Northern Iron.
Finally, Perpetual Energy Inc. (TSE:PMT) shares rose 11% to $1.98 after the energy company announced that it has agreed to sell a large percentage of its high liability mature shallow gas properties in east central and northeast Alberta.
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