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sixtycents 发表于 2020-7-13 06:49 ![](static/image/common/back.gif)
PGM的response to price query是不是代表今天没有其他ann要发呀 不发ann的话是不是股价会受到超速信的影 ...
If the answer to question 1 is “no”, is there any other explanation that PGM may have for the recent trading in
its securities?
PGM notes the following factors could be contributing to the increased trading volumes and price, include:
a) On 1 June 2020, PGM announced the sale of its wholly owned Skaergaard project in Greenland to
Canadian listed Major Precious Metals Corp (CSE:SIZE) (formerly Eastern Zinc Corporation) for CAD
500,000 cash and issuing PGM 55 million Major Precious Metals Corp shares at settlement. Since
announcing the transaction, the price of Major Precious Metals Corp shares has increased to CAD 0.71
per share, valuing PGM’s shares in Major Precious Metals Corp at approximately CAD 39 million, a
significant premium to the current market capitalisation of PGM. PGM notes the transaction remains
incomplete and subject to a number of conditions precedent, which is progressing.;
b) On 30 June 2020, PGM’s joint venture partner in the Munni Munni (PGM 30%) platinum group metals
and gold project, Artemis Resources Limited (ASX: ARV), announced it had completed a 12-hole drilling
program and samples had been sent to the laboratory for assay analysis which was expected to take 3
to 4 weeks; and
c) PGM’s portfolio of assets provides investors with a significant exposure to gold and palladium. Gold and
palladium prices have increased significantly in the last twelve months, both increasing 28% to USD
1,798 per ounce and USD 1,970 per ounce, respectively. |
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