Hyperion Exploration (TSX: V.HYX, Stock Forum) soared 100% to 13 cents Thursday after the company announced that it had entered into an agreement with Tri-Win International Investment Group where Tri-Win agreed to buy all of the issued and outstanding shares of the company.
According to the news release, the transaction will be carried out at a price of $0.14 per common shares for an aggregate consideration of approximately $31.9 million. Tri-Win will also assume all of the company's debt.
| Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern) |
| Hyperion Exploration Corp. (V.HYX, Stock Forum) |
100.00% |
| Lightstream Resources Ltd. (T.LTS, Stock Forum) |
21.15% |
| Cynapsus Therapeutics Inc. (V.CTH, Stock Forum) |
14.56% |
| Allied Nevada Gold Corp. (T.ANV, Stock Forum) |
14.29% |
| Nuvo Research Inc. (T.NRI, Stock Forum) |
13.87% |
| Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern) |
| Southern Pacific Resource Corp. (T.STP, Stock Forum) |
-33.33% |
| Macarthur Minerals Limited (V.MMS, Stock Forum) |
-17.39% |
| Macarthur Minerals Limited (T.MMS, Stock Forum) |
-17.39% |
| Horizons BetaPro S&P\/TSX Capped Energy Bear Plus ETF (T.HED, Stock Forum) |
-5.74% |
| Endeavour Mining Corporation (T.EDV, Stock Forum) |
-5.45% |