Update: RNC Minerals Jumps 10.9% on Listing to 'MVIS' Global Junior Gold Miners Index

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Update: RNC Minerals Jumps 10.9% on Listing to 'MVIS' Global Junior Gold Miners Index

posted on Jun 17, 2019 05:47PM

2019-06-17 11:32:05 AM ET (MT Newswires)

11:32 AM EDT, 06/17/2019 (MT Newswires) -- RNC Minerals (RNX.TO) jumped 10.9% to $0.51 apiece Monday after saying that MVIS has added RNC Minerals to its MVIS Global Junior Gold Miners Index.

According to a statement, the modified market cap-weighted index tracks the performance of the most liquid junior companies in the global gold and silver mining industry.

CEO Mark Selby said: "Inclusion in the MVIS Global Junior Gold Miners Index is another major milestone for RNC. Our inclusion in the index should bring further liquidity and increased market visibility for RNC and reflects the company's growth as a gold producer and developer."

He added: "With the recent closing of our acquisition of the Higginsville mine and mill from Westgold, the further confirmation of our model for high grade coarse gold at Beta Hunt, and our coming resource update for Beta Hunt at the end of the second quarter, today's announcement is another exciting development for RNC shareholders."