Marathon PGM (T.MAR) hit a new 52-week high of $1.04; Marathon PGM Corporation announced today the optimized reserve estimate for its 100% owned Marathon PGM-Cu Project, located 10 km north of Marathon, Ontario. This new mineral reserve is part of the on-going optimization of the definitive feasibility study of the Marathon Project.
Highlights include contained PGM+Au increased by 24 % to 3.4 million ounces; contained silver increased by 4.7 % to 4.23 million ounces; contained copper increased by 6.7 % to nearly half a billion pounds; reserve tonnage increased by 15% (up 11.8 million tonnes); projected mine life increased to 12 years; and 20% decrease in strip ratio from 3.54 to 2.81.
Microbix Biosystems (T.MBX) hit a new 52-week high of 67 cents; Microbix, announced today it has signed a joint venture agreement with the Hunan Biopharmaceutical Co. Ltd. (a Hunan Province state-owned enterprise) for initial financing to construct Asia's largest influenza vaccine production facility and the third largest vaccine plant in the world.
Today's agreement forms an equal partnership joint venture to build and operate a $200-million facility, located in Changsha National Biomedical Park near Changsha City, the capital of Hunan Province, which will have the capacity to produce more than 100 million doses of seasonal influenza vaccine annually, and up to 300 million doses of a pandemic influenza vaccine in the event of an outbreak to immunize against a single strain of influenza.
Bennett Environmental (T.BEV) hit a new 52-week high of 81 cents; no news announcements today
Velan Inc. (T.VLN) hit a new 52-week high of $16.35; no news announcements today
Sure Energy (T.SHR) hit a new 52-week high of 51 cents; no news announcements today
Alliance Grain Traders (T.AGT) hit a new 52-week high of $23.93; no news announcements today
Xenos Group (T.XNS) hit a new 52-week high of $2.65; no news announcements today
