By Adriano Marchese

Mission Ready Solutions shares were trading higher mid-morning Tuesday after the company said it renewed a contract with an independent government agency.

At 10:44 a.m. ET, shares were trading 27% higher in Toronto at 7 Canadian cents (5 cents).

The Vancouver-based, Toronto-listed government contracting solutions company said the General Services Administration, a U.S. agency which supports and manages basic functioning of federal agencies, renewed its multiple award schedule for another five years.

Mission Ready said its number of sales orders since the beginning of the year has now more than tripled from a year ago, with an increased overall value of 57% to date.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

May 09, 2023 11:07 ET (15:07 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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