Globe & MailObviously Sprott's endorsement will bring a lot of new attention to the stock. It received mention in the "Market Movers" section today:
Toronto-based DynaCERT Inc. (DYA-X), which manufactures and distributes carbon-emission-reduction technology for use with internal combustion engines, jumped 15.8 per cent after it announced that well-known mining investor Eric Sprott has become a “significant new shareholder” of the company.
The company said it completed an arm’s length equity offering for $14-million, fully subscribed by a company controlled by Mr. Sprott. The company issued 28 million units at a price of 50 cents each. The stock closed at 47.5 cents on Thursday, before the announcement. Each unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant allows the holder to purchase one share at a price of 65 cents each on or before Nov. 26, 2021, the company said.