Lithium Junior Jumps on Project Expansion

NRG Metals Inc. (TSXV: NGZ), a lithium junior, charged higher after announcing the expansion of the Carachi Pampa Lithium Project in Argentina

Sean Mason | February 21, 2017 | SmallCapPower

More than a few speculators put a charge into a lithium junior Tuesday. Here’s some small stocks making big moves on Tuesday, February 21, 2017 (as of 4 pm EST):

NRG Metals Inc. (TSXV: NGZ) shares powered 73% higher to $0.19 on Tuesday after the lithium junior announced the expansion of the Carachi Pampa Lithium Project in Argentina to a total of 29,182 hectares, which now comprises most of the Carachi Pampa basin.

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As well, shares of Unigold Inc. (TSXV: UGD) plunged 35% to $0.185 as the gold explorer warned that it could lose its rights to explore its flagship Neita Property in the Dominican Republic following a decision by that country’s General Mines Director.

ECN Capital Corp. (TSX: ECN), meanwhile, reported that it has entered into an agreement with PNC Financial Services Group to sell its US Commercial and Vendor (C&V) Finance business for cash proceeds of approximately US$1.253 billion. ECN Capital stock popped 14% to $3.64 following the announcement.

Finally, First Global Data (TSXV: FGD) shares climbed 39% to $0.90 after the international financial services technology company announced that its Vpayqwik service launched in partnership with Vijaya Bank is now accepted nationally across India at all retail locations.

See more Small and Micro Cap Market Movers Daily from Sean Mason. Tomorrow’s big stock market winners could be found here today!

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