TSX-V: AZR
VANCOUVER, April 6, 2017 /CNW/ - AZARGA METALS CORP.
("Azarga Metals" or the "Company") (TSX-V:AZR)
notes its shares fell by 20% on Wednesday 5 April on extremely high
trading volume relative to typical volume. Having investigated the
activity, the Company is aware that a single holder exited its
entire position of 1.25 million shares via the market on that day.
Azarga Metals understands the holding was a legacy institutional
holding from the days of European Uranium Resources and that the
holding was sold in its entirety due to the fund being wound
up.
Azarga Metals continues to be excited by the positive progress
being made at its Unkur Copper-Silver Project including its
significant maiden Mineral Resource that was announced earlier in
the week.
About Azarga Metals Corp.
Azarga Metals is a mineral exploration and development company
that owns 60% of the Unkur Copper-Silver Project in the Zabaikalsky
province in eastern Russia.
AZARGA METALS CORP.
"Dusty Nicol"
Dorian L.
(Dusty) Nicol, President and CEO
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Azarga Metals Corp.