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Microcap Report: EHT (V.EHT) bumps and Xmet (V.XME) jumps

Stockhouse Editorial
0 Comments| September 16, 2014

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EnerDynamic Hybrid Technologies (TSX: V.EHT, Stock Forum)(“EHT”) remained on a roll in the market when the company announced today that it had entered into negotiations to purchase a number of solar power energy plants that are currently backed by long-term power purchase agreements.

According to the news release, the projects would produce a total of more than 50 Megawatts (50,000 Kilowatts) and as a group, when fully operational, would generate over $16.0 million per annum in revenues. Shares were up 15.65% to $1.33 per share at the end of trading.

Xmet (TSX: V.XME, Stock Forum) management was all smiles today as the company announced that the Province of Quebec's Ministry of Natural Resources had granted the company its work and drill permit for its wholly-owned Grasset Property approximately 42 kilometres northwest of Matagami, Quebec.

According to the news release, the company had identified four high-priority targets on the property for diamond drill testing. Shares gained 66.67% to $0.05 per share by the end of trading.



Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern)
Renaissance Oil Corp. (V.ROE, Stock Forum) 136.36%
Xmet Inc. (V.XME, Stock Forum) 66.67%
Vogogo Inc. (V.VGO, Stock Forum) 32.65%
Carfinco Financial Group Inc. (T.CFN, Stock Forum) 32.13%
Cardiff Energy Corp. (V.CRS, Stock Forum) 28.57%
Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern)
Atlantic Power Corporation (T.ATP, Stock Forum) -33.25%
Kallisto Energy Corp. (V.KEC, Stock Forum) -25.93%
RB Energy Inc. (T.RBI, Stock Forum) -25.42%
Energizer Resources Inc (T.EGZ, Stock Forum) -20.00%
Graphene 3D Lab Inc. (V.GGG, Stock Forum) -15.66%


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