MBAC Fertilizer Corp. (
TSX: T.MBC,
Stock Forum) shares rose 114.3% to 7.5 cents after the company released an update on its strategic review process.
The company said in a press release it has received non-binding indicative offers and expressions of interest from a number of third parties, most of which are active in the fertilizer and agriculture sectors.
“These third-parties are currently completing their due diligence on MBAC’s assets, and are expected to submit binding proposals in the second quarter of 2015,’’ the company said.
| Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern) |
| MBAC Fertilizer Corp. (T.MBC, Stock Forum) |
114.29% |
| Vanc Pharmaceuticals Inc. (V.NPH, Stock Forum) |
25.00% |
| Peregrine Diamonds Ltd. (T.PGD, Stock Forum) |
24.00% |
| Vogogo Inc. (V.VGO, Stock Forum) |
23.21% |
| Naturally Splendid Enterprises Ltd. (V.NSP, Stock Forum) |
20.29% |
| Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern) |
| Latin American Minerals Inc. (V.LAT, Stock Forum) |
-53.33% |
| Panoro Minerals Ltd. (V.PML, Stock Forum) |
-22.92% |
| BioSyent Inc. (V.RX, Stock Forum) |
-11.36% |
| Edgewater Wireless Systems Inc. (V.YFI, Stock Forum) |
-10.00% |
| Balmoral Resources Ltd. (T.BAR, Stock Forum) |
-9.52% |