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Microcap Report: Goldrush (V.GOD) active on Burkina Faso payment news

Stockhouse Editorial
1 Comment| July 3, 2015

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Engagement Labs Inc. (TSX: V.EL, Stock Forum) rose 12.8% to 48.5 cents Friday. Right at the close of trading on Thursday, Engagement Labs announced a partnership with audience intelligence data company Macromeasures, a company that offers intelligent social data, analytics, and insights that provide a deeper understanding of the different personas within a brand’s audience and consumer base.

Through this partnership, Engagement Labs said in a press release it will be able to deliver a more in depth analysis of data and insights for clients.

Goldrush Resources Ltd. (TSX: V.GOD, Stock Forum) jumped 33% to 2 cents Friday after the company said it has received the second tranche of the US$4.2 million payment due on the sale of its Burkina Faso subsidiary Goldrush Burkina S.A.R.L. to a unit of Nord Gold N.V.

The company said the payment received was US$500,000 of the US$1 million held in escrow. The final payment of up to US$500,000 is due to be released from escrow on December 31, 2017, the company said in a press release.

The company also said it has appointed Scott Davis as the company’s new chief financial officer.

Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern)
Engagement Labs Inc. (V.EL, Stock Forum) 12.79%
Exchange Income Corporation (T.EIF, Stock Forum) 4.41%
Alamos Gold Inc. (T.AGI, Stock Forum) 3.08%
Mercer International Inc. (MERC, Stock Forum) 3.01%
Horizons BetaPro NYMEX Crude Oil Bear Plus ETF (T.HOD, Stock Forum) 2.97%
Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern)
Coastal Gold Corp. (V.COD, Stock Forum) -18.75%
BitGold Inc. (V.XAU, Stock Forum) -12.65%
Walter Energy Inc (WLT, Stock Forum) -9.52%
Horizons BetaPro NYMEX Crude Oil Bull Plus ETF (T.HOU, Stock Forum) -3.07%
RMP Energy Inc. (T.RMP, Stock Forum) -3.04%

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