Stockhouse Canadian Small and Micro-cap Stock Report for Friday, October 18, 2013 VANCOUVER (SHfn) –
Alexandria Minerals Corp. (
TSX: V.AZX,
Stock Forum) was up 33% to four cents. The stock is reacting to news of the junior gold explorer’s increase to its previously announced private placement. Alexandria has increased the amount of the non-brokered private placement previously announced on Sept. 10, 2013, from gross proceeds of $800,000 to gross proceeds of $1.026 million consisting of an aggregate of 10.26 million shares at a price of 10 cents per share. The proceeds from the sale of the shares will be used for exploration on its Cadillac Break property group in Val d'Or, Québec. Focus will be on step-out drilling on its Akasaba gold-copper project on which it has had considerable success enlarging through drilling during the past 18 months.
Orbite Aluminae Inc. (
TSX: T.ORT,
Stock Forum) fell 1.8% to 54 cents after the alumina-focused company confirmed its Short Form Prospectus dated July 15, 2013 has since expired and was not renewed or extended by the corporation. Orbite management reconfirms that it is actively focused on completing an offering within the coming weeks. The financing initiative has progressed positively since the last update of Sept. 16, 2013.
| Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern) |
| Antrim Energy Inc. (T.AEN, Stock Forum) |
40.00% |
| Petrodorado Energy Ltd. (V.PDQ, Stock Forum) |
33.33% |
| Pangolin Diamonds Corp. (V.PAN, Stock Forum) |
31.25% |
| Barkerville Gold Mines Ltd. (V.BGM, Stock Forum) |
30.00% |
| Aastra Technologies Ltd. (T.AAH, Stock Forum) |
26.21% |
| Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern) |
| Platinum Group Metals Ltd. (T.PTM, Stock Forum) |
-18.60% |
| GFK Resources Inc. (V.GFK, Stock Forum) |
-16.67% |
| Colossus Minerals Inc. (T.CSI, Stock Forum) |
-9.84% |
| 5N Plus Inc. (T.CSI, Stock Forum) |
-6.47% |
| Argonaut Gold Inc. (T.AR, Stock Forum) |
-5.95% |