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Microcap Report: Equitas Resources (V.V.EQD) names analyst Ray Goldie to BoD

Stockhouse Editorial
0 Comments| June 24, 2015

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Equitas Resources Corp. (TSX: V.EQT, Stock Forum) rose 5.6% to 9.5 cents Wednesday after the company said it has named veteran metals analyst Raymond Goldie to its board of directors, effective immediately.

Goldie is currently vice-president, and senior mining analyst with Salman Partners Inc., the company said in a press release.

New Carolin Gold Corp. (TSX: V.LAD, Stock Forum) was up 8.3% to 6.5 cents after the company said it is negotiating to buy a further 30% interest in the Ladner Gold Project in British Columbia.

The company said in a press release the process is being facilitated through the receiver of Century Mining Corp.

Bedrocan Cannabis Corp. (TSXV:BED, Stock Forum) jumped 30% to 86 cents on news that Tweed Marijuana (TSXV:TWD, Stock Forum) is offering to buy the producer of pharmaceutical-grade cannabis in a friendly deal that would combine the two companies.

Bedrocan's shareholders will receive a total of 33.9 million common shares of Tweed, worth about $61 million as of the close of business on Tuesday, the companies said in a press release.

The companies say the deal will combine Tweed's consumer-oriented business and Bedrocan's base in the clinical and research communities.

Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern)
Augusta Industries Inc. (V.AAO, Stock Forum) 53.85%
Bedrocan Cannabis Corp. (V.BED, Stock Forum) 30.30%
Powder Mountain Energy Ltd. (V.PDM, Stock Forum) 28.89%
Continental Gold Inc. (T.CNL, Stock Forum) 14.64%
Tweed Marijuana Inc. (V.TWD, Stock Forum) 13.89%
Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern)
Transition Therapeutics Inc. (T.TTH, Stock Forum) -73.24%
Fortune Minerals Limited (T.FT, Stock Forum) -31.25%
Intermap Technologies Corporation (T.IMP, Stock Forum) -17.20%
UrtheCast Corp. (T.UR, Stock Forum) -8.42%
Tribute Pharmaceuticals Canada Inc. (V.TRX, Stock Forum) -7.66%


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