Stockhouse Canadian Small and Micro-cap Stock Report for Friday, April 29, 2011
TORONTO (SHfn) – Trijet Mining (TSX: V.TJT, Stock Forum) shares climbed 40% to 14 cents on Friday after micro cap explorer announced the acquisition by staking of a Rare Earth Element (REE) property located 200 km ENE of the town of Schefferville, Quebec. The property consists of 119 mineral claims covering 5,819 hectares and occurs within the Mistastin Batholith.
As well, shares of Route1 (TSX: V.ROI, Stock Forum) rose 38% to 22 cents as the security and identity management company said it has been awarded a blanket purchase agreement by the United States Department of the Interior, U.S. Fish and Wildlife Service subject to Route1's final execution, which is expected to occur during the upcoming week. The term of the blanket purchase agreement is five years from the date of the award, with the total value of the agreement valued at US$25 million.
AIM Health Group (TSX: V.AHG, Stock Forum), meanwhile, reported that its net income for the year ended December 31, 2010 increased to $2.1 million from $1.3 million in 2009. Revenues increased 9% to $59.1 million for fiscal 2010 from $54.1 million in fiscal 2009. AIM Health stock popped 19% to 12.5 cents.
And, Habanero Resources (TSX: V.HAO, Stock Forum) Friday said it has contracted Equity Exploration Consultants of Vancouver to oversee its 2011 drill program in the Yukon. The initial budget calls for approximately $800,000 to be spent on the Haldane Silver Prospect with the work to begin about June 15, 2011. Habanero shares added 10% at 11 cents.
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