GREY:LRESF - Post by User
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AllThingsJunioron Jul 24, 2015 9:49am
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v.LK's time to move up... v.AEX is up 60 % on merger news
v.LK's time to move up... v.AEX is up 60 % on merger news Alpha Exploration Inc. (TSX: V.AEX, Stock Forum) jumped 60% to 4 cents Thursday after the company unveiled terms of a proposed merger with Lakeland Resources Inc. (TSX: V.LK, Stock Forum). Lakeland shares rose 17% on the news to 3.5 cents before closing unchanged at 3 cents.
The aim is to create a well-funded uranium exploration company that will pursue exploration targets in Saskatchewan’s Athabasca Basin, Alpha said in a press release.