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Rock Tech Lithium soars 33% on share consolidation proposal: Canadian market movers

Elizabeth Walters Elizabeth Walters, Stockhouse
0 Comments| June 7, 2013

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On Friday, the top TSX mover was Perseus Mining Ltd. (TSX: T.PRU, Stock Forum). The stock lost 5.8% and was trading at $0.98 on volume of 8 million.

The gold exploration company had no related news to explain the high volume in trading.

B2Gold Corp. (TSX: T.BTO, Stock Forum) was the second most active stock on the TSX. It fell 2.9% and was trading at $2.39 on volume of 4.9 million shares.

On June 4, the gold producer said that its common shares have been approved to list on the NYSE MKT LLC and will begin trading under symbol "BTG" on June 6, 2013.

Rock Tech Lithium Inc. (TSX: V.RCK, Stock Forum) was the volume leader on the TSX Venture Exchange. It soared 33% and was trading at $0.02 on volume of 1.6 million.

On June 6, the exploration company announced that the company will hold its 2013 Annual General and Special Meeting in Vancouver on July 3, 2013.

The Board proposes to reduce the number of common shares on the basis of one post-consolidation share for every 10 pre-consolidated common shares, or such lesser consolidation ratio (but not less than five pre-consolidated shares) as may be approved by the Board of Directors and accepted by the Exchange.

The second most active stock on the TSX Venture was The Westaim Corp. (TSX: V.WED). It rose 16.7% and was trading at $0.035 after 1.5 million shares changed hands.

On May 13, the investment company reported its first quarter results ended March 31, 2013. Westaim reported $100,000 in revenue for the quarter.



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