Aziana Limited (ASX:AZK) shares hit an intra-day high of $0.175 today from a close of $0.117 on 13th July 2015, prompting a share and volume query from the ASX.
In its response to the ASX, Aziana said it was not aware of any information not released to the market which could explain the trading.
The company is progressing the acquisition of artificial intelligence company BrainChip.
It recently secured a $500,000 convertible loan note agreement to facilitate the closing of the transaction.
This is part of the overall $4 million capital raising that is underwritten by two major shareholders to fulfil any capital raising hurdles associated with the acquisition.
Aziana is also close to bagging US$2 million (A$2.6 million) from the sale of its wholly-owned bauxite project in Madagascar.
News: Aziana Limited attracts ASX price and volume query
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| Open | High | Low | Value | Volume |
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