Three Canada Stocks Whose Volume Surged On Bullish Signals: $BATT $ER $MIR

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Bluebird Battery Metals announces private placement involving 25,000,000 post-consolidated units

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Bluebird Battery Metals Inc. (TSX:BATT) enjoyed a strong bullish run in the latest trading session, during which it gained 15.38% on a volume of 4.75 million shares.

BlueBird recently announced tht it will issue 25 million post-consolidated units as part of its private placement through which it targets $5 million in financing. This follows a financing increase by $3 million from the previous figure. The company will offer the post-consolidated units at $0.20 each. It also revealed that each unit will consist of one post-consolidation share and one transferable share purchase warrant. The latter can be exercised within a 3-year period as of the date of issuance at $0.35 per share.

Most of the proceeds from the private placement will be used to fund exploration at BlueBird's Baxter Spring project. Some of the proceeds will also be used to fund its Canegrass property in Australia, as well as funding general working capita and reducing debt.

Eastmain Resources and Auryn sign agreement for private placement financing with underwriters syndiate

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Eastmain Resources Inc. (TSX:ER) rallied by 4.35% on a volume of 3.65 Million shares during the latest trading session, indicating significant bullish momentum.

Eastmain Resources together with Auryn Resources recently revealed that Auryn signed signed a private placement financing deal with numerous underwriters. The underwriters will be led by Beacon Securities Limited and Canaccord Genuity Corp. The deal will allow them to help the company to navigate a private placement financing through which it will issue a total of 7,500,000 subscription receipts. The private placement will seek to raise C$22,500,000.

Buyers of the subscription receipts will have the ability to exchange them for Auryn's common shares. This will however be subject to the completion of a transaction through which Auryn will buy out Eastmain following the spinout of Auryn's Peruvian operations,. the transaction will facilitate the creation of Fury Gold Mines which means that there will be two independent companies running the Peruvian projets owned by Auryn. The sale of the subscription receipts mrks the fulfillment of a key condition for the Eastmain transaction.

Medmira releases update on research to determine cross-reactivity of COVID19 antibody test with HIV samples

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Medmira Inc. (TSX:MIR) enjoyed a strong bullish run in the latest trading session during which it rallied by 13.64% on a volume of 3.51 million shares.

MedMira recently published research findings through which it sought to establish whether HIV positive samples would lead to false positives using the REVEALCOVID-19(TM) Total Antibody Test. The findings of the study indicate that there was no cross-reactivity, which means that HIV positive samples did not yield false positives for the coronavirus.

The findings from the research indicate that the SARS-CoV-2 virus antibodies are detectable in human blood between 1 and 3 weeks after the initial symptoms. Medmira evaluated specimens for both negative and positive for the SARS-CoV-2 virus antibodies. For example, the positive samples were collected from patients that had already been confirmed to have contracted the coronavirus while the negative samples had been collected before the COVID-19 pandemic. Below are the antibody test specificity and sensitivity results that were observed:

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