Shares of Gear International Inc. (PINK: GEAR), a company strategically focused on gold and silver mining, providing financing for gold and silver mining projects, and precious metals processing and refining, rose in Friday’s trading session.
The penny stock of GEAR ended the day 0.87% higher at $0.232, with volume up from daily average of 523,540 to 5.94 million. The stock gained 10.48% in the last three trading sessions.
Gear International last week announced the immediate acquisition of two senior advisors that will join the company’s executive team. The company said that it finalized agreements with Felix Abangin, who is the minister of environment and natural resources in the Philippines, and Jamal Lucas, an emerging market resource development specialist with expertise in global finance.