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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 24100.50 2.06%
S&P 500 2599.95 1.95%
NASDAQ 6910.67 2.31%
TSX 14595.07 1.06%
TSX-V 555.38 0.00%

Resource Commodities

Name Last Change
Gold 1238.38 0.29%
Silver 14.57 1.17%
Copper 2.76 0.000
Platinum 787.00 0.000
Oil 51.20 2.70%
Natural Gas 3.83 7.76%
Uranium 28.53 0.35%
Zinc 1.22 0.00%

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