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Junior Explorer Jumps on Spin Out Announcement

Shareholders of a junior explorer found out they will be getting a special stock dividend Tuesday. Here’s some small stocks making big moves on Tuesday, February 27, 2018 (as of 4 pm EST):

Almadex Minerals Limited (TSXV:AMZ) shares climbed 11% to $1.56 on Tuesday after the junior explorer announced that it will spin out its early-stage exploration projects, royalty interests and certain other non-core assets to existing shareholders.

As well, shares of Maple Leaf Green World Inc. (TSXV:MGW) slid 14% to $0.81 as the Canadian cannabis company said it has submitted a request to voluntarily delist its common shares from the TSX Venture Exchange, and has received conditional approval to have its stock listed on the Aequitas NEO Exchange.

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MARKET SUMMARY

INDICES

Name Last Change
DOW 26405.80 0.60%
S&P 500 2907.95 0.13%
NASDAQ 7950.04 0.08%
TSX 16149.92 0.29%
TSX-V 714.45 0.00%

Resource Commodities

Name Last Change
Gold 1203.35 0.02%
Silver 14.24 0.00
Copper 2.71 0.000
Platinum 821.24 0.52%
Oil 71.12 1.79%
Natural Gas 2.91 0.86%
Uranium 27.33 0.00%
Zinc 1.09 0.00%

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