Indo Global Exchange Pte. LTD (OTCMKTS:IGEX) on December 13, 2021, announced that the firm has taken initial steps to alter the firm name and corporate rebranding. The company’s fresh focus will be on enhancing and strengthening IGEX position in the lithium and grapheme industry.
Trading Data
On Monday, IGEX stock surged 10.53% to $0.0042 with more than 114.07 million shares, compared to its average volume of 44.77 million shares. The stock moved within a range of $0.0036 – 0.0045 after opening trade at $0.0045.
The name has been changed to”The Mineral Company” by the State of Colorado. The symbol though will be the same “IGEX,” and Cusip. The company has also filed an Issuer company-related action notification form with FINRA on the proposed name change. Furthermore, it has filed a certificate of amendment to the Articles of Incorporation with the Colorado Secretary of State. The name change will be reviewed by FINRA, and the company is expecting the name change before the end of 2021.
Shareholders, holding the shares in electronic form, at a bank or brokerage firm, or nominees will automatically have positions adjusted to reflect the name change. Holders of paper certificates may send certificates to their transfer agent.
Based in Brighton, Colorado, and Murcia, Spain, The Mineral Company is led by an experienced team. The company works diligently on an imminent merger and acquisition of attractive industry participants to continue offering investors and shareholders strong and recurring earning profits.
Technical Data
IGEX stock is trading below the 20-Day and 50-Day Moving averages of $0.0062 and $0.0060 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0063.
