LONDON (Alliance News) - Mercom Oil Sands PLC Monday said it knows of no reason for the rise in its share price.
Mercom shares were up 54% to 5.19 pence on Monday, the best performer in the AIM All-Share index.
"The board of the company notes today's increase in the share price and confirms that it is not aware of any reason for this movement," the company said a statement.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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