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Bacanora Says It Doesn't Know Reason Behind Steep Share Price Rise

9th Jun 2015 08:13

LONDON (Alliance News) - Bacanora Minerals Ltd Tuesday said it knows of no reason for the sharp increase in its share price in Canada overnight.

Its stock rose 46.4% to CAD2.05 on the TSX Venture Exchange overnight. Its AIM-listed stock was up 12.2% at 83.60 pence in London Tuesday morning.

"The board is not aware of any reason for the price movement. The board will continue to work towards delivering value for all shareholders," the minerals explorer said in a short statement.

By Steve McGrath; [email protected]; @stevemcgrath1

Copyright 2015 Alliance News Limited. All Rights Reserved.


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