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Source Gold Corp. (SRGL) sees Huge Rally Wednesday after Acquisition of New Gold Prospect

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Shares of Source Gold Corp. (OTC: SRGL), a company engaged in the exploration of mineral properties, saw a huge rally in Wednesday’s trading session.

The penny stock of SRGL ended the day 35.48% higher at $0.0989.

Source Gold shares rose sharply after the company announced that it acquired a major new gold prospect; the Great White North Gold Project located in Northern British Columbia.

As per the terms of the agreement, SRGL is not required to make any payment to acquire the property.

Lauren Notar, president of Source Gold, said that the acquisition is very exciting for the company and the terms of the agreement also make it a perfect acquisition for a junior company like SRGL.

Posted by on Thursday, April 5th, 2012. Filed under Internet, Technology. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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