Shares of Titan Iron Ore Corp (OTCBB: TFER), a Washington based Exploration Company involved in the acquisition and exploration of mineral properties and has mining interests in parts of Wyoming and Quebec, Canada, are soaring in today’s trading.
At last check, TFER’s shares were trading 26.92% higher at $0.8250, with volume up from daily average of 0.16 million to 6.01 million. It has been trading so far for the day in the range of $0.82 and $0.96.
TFER recently announced that it entered into Equity Line of Credit Agreement with Ascendiant Capital Partners LLC to issue shares worth $10 million and also Securities Purchases Agreement for an aggregate value of $235,300 principal amount of 5% convertible debentures due Oct 8, 2013. TFER is also working on filing a registration statement with SEC on or prior to November 16, 2012.
Shares of Fuse Science Inc (OTCQB: DROP), a Florida based company involved in manufacturing of energy drinks and supplements, are rallying in today’s trading.
At last check, DROP shares were trading 15.25% higher at $0.17, with volume up from daily average of 823.54 million to 7.87 million. The stock has been trading in the range of $0.1651 and $0.2 so far in today’s trading.
DROP recently announced that its CEO, Rubin Hanan, CMO, Aitan Zacharin and Vice President of Business Development Dept, Adam Adler have agreed to reduce their monthly compensation. The company claims that these adjustments have been made to align executive compensation with regard to industry norms and also free additional cash resources for business operations.
Shares of The Graystone Co. Inc. (OTCQB: GYST), a Nevada based Holding Company focused on diverse business activities including Mineral exploration, advertising and customer acquisition for third party entities, strategic, financial, and operational consulting and real estate acquisition and development, are up sharply in today’s trading.
At last check, GYST shares were trading 3.53% higher at $0.0088, with volume down from daily average of 13.44 million to 10.29 million. The stock has been trading in the range of $0.0084 and $0.0095 so far for the day.
GYST today provided an update on its mining operations in Peru. GYST said that it hired staff for mining operations and support activities and purchased necessary supplies for making a mining camp.
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