December 15th, 2015

Canadian Stocks That Surged Highest Today: $POM $CKI $VOX

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Court Findings Indicate Polymet Mining's PolyMet Project Permit Followed Procedure

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Polymet Mining Corp. (TSX:POM) was amongst the top gainers in yesterday's trading session gaining 54.04%. according to the company, A Ramsey County District Court judge has established that Minnesota Pollution Control Agency did not act in an unprocedural way relating to the processing of the National Pollutant Discharge Elimination Systems permit for the NorthMet nickel-cooper metals project. Judge John Guthmann rejected allegations that the MPCA had attempted to keep evidence from the administrative record. Centre for Biological Diversity, Minnesota Centre for Environmental Advocacy, WaterLegacy, and realtors of Fond du Lac Band had made the allegations.

Also, the company has indicated that its shareholders have approved a 1 for 10 reverse stock split of its common stock.

Clarke Announce Q2 2020 Results

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Clarke Inc. (TSX:CKI) is also among the stocks that gained most in yesterday's trading session gaining 8.55%. The company has reported its Q2 2020 results in which net income (loss) attributable to shareholders was $6.9 million compared to $1.6 million a year ago. For 1H 2020 net income (loss) was $46.2 million compared to $35.5 million in 1H 2019. Unrealized gains on investment were $12.9 in the quarter.

The company has announced that it will hold a special shareholders' meeting on October 15, 2020, to discuss proposed consolidation and share split of its common stock. The share restructuring aims at eliminating a huge junk of small and odd-lot shareholdings

Vox Royalty Announces Q2 2020 Corporate Updates

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Another stock that was also among the top gainers in yesterday's session is Vox Royalty Corp. (TSE:VOX) which gained 5.77%. The company has announced its Q2 2020 results during which it acquired 27 royalties following the completion of a reverse takeover transaction. The company also completed a CA$13.75 million brokered and non-brokered placement and started trading on TSXV under "VOX" ticker. During the quarter the company increased its operator partners to 35.

The company has acquired a 0.5% royalty interest in gross sales in South America's biggest diamond Mine, Brauna. This gives Vox exposures to the mine and immediate royalty revenue.

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