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Mercom Oil Sands Knows Of No Reason For Share Price Rise

27th Apr 2015 11:48

LONDON (Alliance News) - Mercom Oil Sands PLC Monday said it knows of no reason for the rise in its share price.

Mercom shares were up 54% to 5.19 pence on Monday, the best performer in the AIM All-Share index.

"The board of the company notes today's increase in the share price and confirms that it is not aware of any reason for this movement," the company said a statement.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

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