West Mountain Capital Corp : * Announces proposed transaction with Jereh International Investment (Group) Company Limited * Executed agreement with Jereh Energy Services of China that sets out termsand conditions of private placement, JV in China * Heads of agreement provides for subscription by Jereh for new common sharesof West Mountain with an aggregate value of $7 million * Source text for Eikon * Further company coverage
West Mountain Capital Corp. (West Mountain) operates through its wholly owned subsidiary Phase Separation Solutions Inc. Shares of WMT traded higher by 31.58% or $0.06/share to $0.25. In the past year, the shares have traded as low as $0.16 and as high as $0.38. On average, 4898 shares of WMT.V exchange hands on a given day and today's volume is recorded at 57500.
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