Anteo Diagnostics Ltd (ASX:ADO) shares have soared 111% by midday on heavy volume of 49 million shares.
Anteo has engaged the U.S. based battery consulting company Polaris Battery Labs LLC to undertake an external third party review of its surface Nano-coating Technology for use in the lithium-ion battery market.
The company is required to make a decision to progress its intellectual property patents in relation to its technology in the National Phase of Examination or let its applications lapse.
In most current lithium-ion batteries, graphite is used as an anode material.
However, silicon as an anode and is able to store ten times more energy than that of graphite.
|Anteo Diagnostics Ltd||ADO||$0.019||111.11%||49,092,861|
|Stone Resources Australia Ltd||SHK||$0.003||50%||68,934|
|Australian Mines Ltd||AUZ||$0.044||29.41%||241,222,238|
|Discovery Africa Ltd||DAF||$0.018||28.57%||84,321|
|Riva Resources Ltd||RIR||$0.009||28.57%||8,078,789|
|POZ Minerals Ltd||POZ||$0.050||28.21%||447,000|
|Clancy Exploration Ltd||CLY||$0.005||25%||39,686,388|
|Alloy Resources Ltd||AYR||$0.005||25%||1,700,000|