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Microcap Report: Jackpot Digital (V.JP) active on PokerTek acquisition

Stockhouse Editorial
1 Comment| July 2, 2015

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Jackpot Digital Inc. (TSX: V.JP, Stock Forum) jumped 80% to 4.5 cents Thursday after the company said it has entered into an agreement with Multimedia Games Inc. to acquire Multimedia’s PokerTek business unit.

The agreement covers domain names, inventory, marketing materials, patents, software, trade dress and trademarks, Jackpot said in a press release.


Metanor Resources Inc. (TSX: V.MTO, Stock Forum) eased 7.7% to 6 cents, after the company released an update on exploration activity at its Bachelor Mine northeast of Val-d’Or, Quebec.

The company said in a press release a drill located on level 6 has intersected 6.82 grams per tonne over 8.7 metres.

Coastal Gold Corp. (TSX: V.COD, Stock Forum) gained 14.3% to 8 cents. The company said its shareholders have voted overwhelmingly to accept a proposal that would see Coastal being acquired by First Mining Finance Corp. (TSX: V.FF, Stock Forum).

Coastal Gold said in a press release it will seek a final order from the Ontario Superior Court of Justice to approve the arrangement.


Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern)
Jackpot Digital Inc. (V.JP, Stock Forum) 80.00%
BitGold Inc. (V.XAU, Stock Forum) 29.60%
Americas Petrogas Inc. (V.BOE, Stock Forum) 19.61%
Theratechnologies Inc. (T.TH, Stock Forum) 17.65%
Alpha Peak Leisure Inc. (V.AAP, Stock Forum) 16.67%
Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern)
MBAC Fertilizer Corp. (T.MBC, Stock Forum) -21.74%
Ballard Power Systems Inc. (T.BLD, Stock Forum) -17.83%
Cardiff Energy Corp. (V.CRS, Stock Forum) -16.28%
Walter Energy Inc (WLT, Stock Forum) -9.52%
Horizons BetaPro NYMEX Crude Oil Bull Plus ETF (T.HOU, Stock Forum) -9.30%


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