Close

Welcome back to Stockhouse
Member Sign In

Email or Username:
Password:
Close

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Enter your email address:
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

Microcap Report: Corsa Coal (V.CSO) Petroamerica Oil (V.PTA) active

Stockhouse Editorial
0 Comments| July 16, 2014


Shares of Corsa Coal Corp. (TSX: V.CSO, Stock Forum) jumped 56% to 21 cents Wednesday after trading in the stock resumed.

The move follows a trading halt imposed by the TSX Venture Exchange pending confirmation of certain information in connection with the company’s announcement on July 15, 2014 that it has struck a deal with Lybica Holding B.V., a unit of Moscow, Russia-based steel giant OAO Severstal, among others, to acquire all of the issued and outstanding shares of Lybica’s wholly-owned subsidiary PBS Coals Ltd. for US$60 million cash.

Petroamerica Oil Corp. (TSX: V.PTA, Stock Forum) was up 1.5% to 34.5 cents in active trading after the company said Tuesday that a previously announced plan of arrangement that will see Petroamerica merging with Suroco Energy Inc. (TSX: V.SRN, Stock Forum).

Effective immediately, trading in Suroco shares has ceased, the companies said in a release.

Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern)
Corsa Coal Corp. (V.CSO, Stock Forum) 55.56%
Legend Power Systems Inc. (V.LPS, Stock Forum) 14.94%
Pine Cliff Energy Ltd (V.PNE, Stock Forum) 8.96%
Denison Mines Corp. (T.DML, Stock Forum) 7.63%
Just Energy Group Inc. (T.JE, Stock Forum) 6.46%
Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern)
RB Energy Inc. (T.RBI, Stock Forum) -8.33%
Americas Petrogas Inc. (V.BOE, Stock Forum) -7.89%
Merus Labs International Inc. (T.MSL, Stock Forum) -4.33%
Madalena Energy Inc. (V.MVN, Stock Forum) -4.17%
Ballard Power Systems Inc. (T.BLD, Stock Forum) -3.47%


Rate this article
5 stars
v
Usefulness

Clarity

Credibility

Interested in these industries and sectors?

Receive investor kits and email updates from Stockhouse and directly from these companies.

Energy

Interested in these industries and sectors?

Enter your email address:
You are already a member! Please enter your password to sign in.
Please confirm your email address:

Comments

No comments yet. Be first to comment!

Leave a Message

You must be logged in to access this feature.