August 29, 2014 / 6:48 PM / 3 years ago

REFILE-BUZZ-Ivanhoe Energy Inc: Stock surges, IIROC queries

(Removes extraneous text from headline)

** Oil and gas company’s shares up about 73 pct at $2.77

** Investment Industry Regulatory Organization of Canada (IIROC) questions unusual trading activity on behalf of Toronto Stock Exchange

** Company tells IIROC it is not aware of “any specific factors” that would result in current levels of trading activity and change in share price

** Company confirmed on Wednesday that it had a services contract to develop an oilfield in Ecuador

** Earlier this month, said it would proceed with 7:1 share consolidation to regain compliance with NASDAQ listing requirements

** Up to Thursday’s close, stock had fallen about 70 pct in past 12 months

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below