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MicroCap Report: Edgewater Wireless (V.YFI) closes key financing

Stockhouse Editorial
0 Comments| July 15, 2015

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Edgewater Wireless (TSX: V.YFI, Forum) was easily able to add to the coffers when the company announced today that it had closed its previously announced fully subscribed non-brokered private placement for gross proceeds of $1.7 million.

According to the news release, the majority of the non-brokered private placement was grabbed up by long-term, existing shareholders. Shares were up 1.72% to $0.295 per share.

Petrodorado Energy (TSX: V.PDQ, Forum) reported receipt of the first of three payments related to its previously announced divestiture of participating interest in the CPO-5 and Tacacho Blocks to Amerisur Resources.

According to the news release, the payment was realized in the issuance of 5.1 million common shares of Amerisur to Petrodorado which were officially received by Petrodorado on July 10, 2015. Shares were up 15.15% to $0.19 per share.



Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern)
Petrodorado Energy Ltd. (V.PDQ, Stock Forum) 15.15%
Canexus Corporation (T.CUS, Stock Forum) 12.58%
Canada Carbon Inc. (V.CCB, Stock Forum) 9.43%
Theratechnologies Inc. (T.TH, Stock Forum) 9.05%
DirectCash Payments Inc. (T.DCI, Stock Forum) 6.98%
Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern)
Leucrotta Exploration Inc. (V.LXE, Stock Forum) -11.11%
Penn West Petroleum Ltd. (T.PWT, Stock Forum) -9.18%
Savanna Energy Services Corp. (T.SVY, Stock Forum) -8.70%
Tekmira Pharmaceuticals Corp (TKMR, Stock Forum) -7.51%
Horizons BetaPro NYMEX Crude Oil Bull Plus ETF (T.HOU, Stock Forum) -5.87%


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