-- Paragon Advanced Labs (PALS.V) will soon complete a significant expansion of geochemical-analysis capacity at its Sparks, Nevada, laboratory facility, the company said on Tuesday.
The expansion "effectively doubles" the facility's geochem throughput and positions the company to meet anticipated client demand across Nevada and the broader Paragon network, it added.
"The expansion includes a laboratory reconfiguration to optimise analytical workflow, as well as continued improvement of quality assurance and quality control protocols, to underpin consistent and reliable results," said the company.
The company's shares were last seen down $0.08 to $3.30 on the TSX Venture Exchange.
Price: $3.30, Change: $-0.08, Percent Change: -2.37%