Three Canada Stocks Whose Volume Surged On Bullish Signals: $WGC $AGRA $ORX
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Vaxil Bio Ltd Releases Positive Results Of In Vivo CorVax
study
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Vaxil Bio Ltd. (TSXV:VXL) gained 3.23% on a volume of 3.13 million shares. The company has announced positive results from its animal (vivo) immunogenicity study that commenced July 14, 2020. The study was designed to evaluate the immune response of CorVax in vivo. Results showed that there was bother humoral and cellular responses to various signal peptides and CorVax.
Having completed the study the company is now moving to evaluate the results and will complete the process and analysis in the next 4-6 weeks after which it will announce the next steps. Vaxil's CEO David Goren said that they were aware that shareholders and the market, in general, will want more updates on the COVID-19 vaccine candidate but the nature of science requires experiments to take time.
Agraflora Organics Expects the First harvest From Delta Facility In Q4 2020
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Agraflora Organics International Inc. (TSX:AGRA) also surged 8.33% on a volume of 2.28 Million shares. The company has offered updates in the progress of growing at Propagation Services Canada its main cultivation facility in Delta, BC that started cultivation in June using a curated portfolio of live plant genetics. Agraflora expects the facility to have its first harvest in Q4 with the first product of low potency cannabis strains available for sale in Q1 2021 on wholesale.
Also, the cannabis operator has agreed with holders of the 10% unsecured senior convertible debentures due March 2021 the purchase of $3 million in total principal amount of the debentures.
Orefinders Resources To Commence Drilling At the Knight Gold Project
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Another stock that was traded most is Orefinders Resources Inc. (TSX:ORX) which gained 18.97% on a volume of 2.21 million shares. The company has announced a 5,000-meter drill program at its 100% owned Knight Gold Project around 110Km southwest of Kirkland Lake in the Shining Tree Greenstone Belt. Drilling at the site is expected to commence in September 2020 and the company has already contacted an Ontario-based drilling contractor for the work. Orefinders sees the project to have high prospective geology with mineralization that represent multiple cycles.
The company has also announced the signing of an agreement with Echelon Wealth Partners Inc. which has agreed to sell around CA$2 million units and flow-trough units through a private placement at CA$0.1 per unit and CA$0.12 per FT Unit.
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COMTEX_371056833/2705/2020-09-10T06:22:28
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