An order from Panasonic sparked much interest in a graphite junior Tuesday. Here’s some small stocks making big moves on Tuesday, February 28, 2017 (as of 4 pm EST):
Saint Jean Carbon Inc. (TSXV: SJL) shares powered 147% higher to $0.185 on Tuesday after the graphite junior announced that it has received its first order from Panasonic Corporation to supply graphite anode material to their manufacturing facility. The Company said it will ship the first order within 90 days.
As well, shares of Black Diamond Group Limited (TSX: BDI) slid 12% to $4 as the provider of modular workspace solutions and workforce accommodations said the recurring rental revenue levels have increased during the fourth quarter of 2016, although only marginally above the previous two quarters, and the current level is expected to continue into the first half of 2017.
eCobalt Solutions Inc. (TSX: ECS), meanwhile, reported that it has closed its previously-announced bought deal financing of 15 million units and the related over-allotment option of 2.25 million units at a purchase price of C$1.00 per unit for total gross proceeds of C$17.25 million. eCobalt Solutions stock moved up 6% to $1.38 following the announcement.
Finally, Erin Ventures Inc. (TSXV: EV) shares gained 10% to $0.055 after the mineral exploration and development company announced that its wholly-owned subsidiary is currently in discussions with Serbian authorities regarding a potential commercial contract for the Pobrdje boron mine.
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Saint Jean Carbon Inc. (TSXV: SJL) shares powered 147% higher to $0.185 on Tuesday after the graphite junior announced that it has received its first order from Panasonic Corporation to supply graphite anode material to their manufacturing facility. The Company said it will ship the first order within 90 days.
