GRXXF - 2 Stocks Hitting Fresh Highs on Friday
CORAL GABLES, FL / ACCESSWIRE / January 26, 2018 / This week, two companies: Beyond Commerce, Inc. (OTC PINK: BYOC) & Graphite Energy Corp. (OTC PINK: GRXXF) have seen market activity trigger new 2018 highs on Friday. Both companies recently released news that seems to have been well received by the markets.
Beyond Commerce, Inc. (OTC PINK: BYOC) recently announced that the company had signed a definitive business combination agreement with Service 800, Inc. Beyond Commerce stated that they expect the provisions of the agreement to be implemented during the first quarter of this year.
Shares of the company have increased by more than 400% since the beginning of the year. In addition to this, since making their announcement on the agreement with Service 800, Inc., shares have increased by as much as 209.8%
For More Information on Beyond Commerce, Inc. (BYOC) Click Here
In a similar fashion, shares of Graphite Energy Corp. (OTC PINK: GRXXF) have also been climbing this month. Since January 3, the company's stock has increased by as much as 33%. Graphite Energy Corp has managed to move from $0.59 to as high as $0.79 on Friday morning.
The company made an announcement that was a follow up to the release of results from recent exploration work that indicated graphite carbon with sampling up to 22.30% in surface samples. The company stated that it is in the process of retaining a drilling contractor and evaluating permitting requirements.
Graphite Energy explained that the actual drill program will be focused around the graphite pit area which was the center of the historical exploration work in the late 1950s and the early 1980s. According to a Bloomberg report, $12.2trillion will be invested in global power generation in the next 25 years and graphite is one of the more heavily used materials in lithium ion batteries.
For More Information on Graphite Energy Corp. (GRXXF) Click Here
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