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Gold Junior Surges On Takeover Agreement

ca.investing.com/analysis/gold-junior-surges-on-takeover-agreement-200197380
Gold Junior Surges On Takeover Agreement
By Sean Mason, SmallCapPower.com   |  Aug 02, 2018 16:06
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A tiny Nevada gold acquisition generated big gains for shareholders of a gold junior Thursday. Here’s some small stocks making big moves on Thursday, Aug. 2, 2018:

Northern Empire Resources Corp. (V:NM) shares jumped 17% to $1.59 on Thursday after the gold junior announced that it has agreed to be acquired by Coeur Mining, Inc. in an all-stock transaction. Northern Empire will receive 0.1850 of a common shares of Coeur for each NM share held.

As well, shares of Endeavour Silver Corp. (TO:EDR) slipped 11% to $3.32 as the silver miner said it swung to a $5.7 million net loss in the second quarter of 2018 from breakeven during the same period last year.

Quarterhill Inc. (TO:QTRH), meanwhile, reported that a jury in the United States District Court for the Southern District of California awarded Quarterhill’s company WiLAN $145.1 million in damages against Apple Inc (NASDAQ:AAPL). for infringement of WiLAN’s US patent Nos 8,457,145 and 8,537,757. Quarterhill stock popped 30% to $1.80 following the announcement.

Finally, Reliq Health Technologies Inc. (V:RHT) shares rose 8% to $1.63 after the mobile health technology company announced that it has signed contracts with two new home health agencies in Texas. Financial details were not disclosed.

Gold Junior Surges On Takeover Agreement
 

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Gold Junior Surges On Takeover Agreement

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