Golden Star Enterprises Ltd (OTCMKTS:GSPT) Stock Soars After Contract with Premium Meals Inc.
On Thursday, Golden Star Enterprises Ltd (OTCMKTS:GSPT) was one of the companies which had come on to the news cycle following a key announcement. The company announced yesterday it had signed up Premium Meals Inc to a white label production contract. As per the provisions of the contract, Golden Star Enterprises would manage meal production as well as fulfilment for Premium Meals.
Trading Data
On Thursday, GSPT stock surged 28.57% to $0.0180 with more than 54.78K shares, compared to its average volume of 129.18K shares. The stock moved within a range of $0.0140 – 0.0180 after opening trade at $0.0140.
Golden Star Enterprises DBA Super Fresh Foods Inc. Announces Contract with Premium Meals Inc.
Premium Meals had been formed back in 2018 and is best known for providing meal prep delivery as well as pickup services in the Greater Vancouver area and its vicinity. The company is focussed on providing high quality, fresh and nutritious meals which meet the lifestyles of its consumers.
The meals that are prepared by Premium Meals combine a variety of flavours from the different cultures in the Greater Vancouver area. The Chief Executive Officer of Golden Star Enterprises Benny Doro spoke about the latest development as well. He noted that Golden Star Enterprises was making aggressive moves to expand its business development wing and was trying to lay a strong foundation to it through certain affiliations. He went on to note that the subscription based model that it has in place has a proven record of success.