Tarku Resources´shares up after Eric Sprott announcement
The mining investor announces to invest over 1m Dollar into the silver company.
Tarku Resources Ltd. (TSXV: TKU) Shares rose 13% to $ 0.18 on Friday after junior explorer announced that Eric Sprott had bought $ 1.055 million in the company as part of a private unbroken placement of $ 2.5 million at a price will invest from $ 0.10 per unit. Proceeds will be used to advance exploration on the Tombstone Arizona silver property, on which Tarku has an option.
In addition, shares in HEXO Corp. (TSX: HEXO) up 15% to $ 0.81 as the Canadian cannabis company says it plans to consolidate its common shares at a ratio of 1: 8 to meet the New York Stock Exchange's standard for going public. Meanwhile, PFB Corporation (TSX: PFB) reported record financial results for the third quarter, while increasing its quarterly dividend by $ 0.01 per share to $ 0.10 and paying a one-time special dividend of $ 1.00 per share on Jan. November 2020 to the shareholders of record on November 16, 2020.
PFB Corporation's shares rose 13% to $ 19 following the announcement.