June 27, 2018 / 2:49 AM / in 5 months

BUZZ-Australia's YPB climbs on investment, contract from Canadian cannabis company

** Shares of anti-counterfeit and brand protection services provider YPB Group Ltd rise as much as 17.4 pct to A$0.027, highest since June 6

** Company says it signed a three-year contract with Canada’s Namaste Technologies Inc, which will use YPB’s solutions across its network of manufacturers and growers

** Namaste to invest $100,000 in new YPB shares at A$0.035 per share

** Stock posts its biggest intraday pct gain since May 31

** About 5 mln shares have changed hands, compared with the 30-day average of 1.1 mln shares

** As of Tuesday’s close, stock had fallen 58.2 pct this year

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