Jackery Explorer 500 shares soar after Jackery says it is moving forward with plans to expand into Canada

The stock of Jackery explorer was up about 1.5 per cent on Wednesday after the company announced plans to invest $20 billion in a Canadian expansion.

The company has said it will build the $20-billion exploration and production facility in Nunavut.

The company said it would be moving forward as planned with the expansion and plans to begin operations next year.