Minnow Forte Energy flies on acquisition news

2nd Apr 2014 12:22

Shares in AIM minerals mining minnow Forte Energy soared on news of a possible acquisition.The company announced that it had its shares suspended on the Australian Securities Exchange (ASX) pending an acquisition announcement within the next two days.Forte shares continued to trade on AIM throughout this period and rose 66.7% to 0.63p by 12:16 on Wednesday.Forte Energy, which changed its name from Murchison United in 2008, has a portfolio of uranium projects in the Republics of Guinea and Mauritania in West Africa. OH

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