Par Pacific Holdings, Inc. shares rise 2.85% intraday after NoHo, Inc. announced acquisition of Alvarado Gold Mine.

Par Pacific Holdings, Inc. rose 2.85% in intraday trading. The company's stock price increase may be attributed to the acquisition of a controlling 51% interest in the Alvarado Gold Mine by NoHo, Inc. This acquisition includes seven unpatented mining claims and twelve patented claims, with immediate opportunities to commence gold leaching operations utilizing previously mined ore. The company anticipates beginning these activities within two to three weeks and expects to generate initial revenue as soon as September.