Stockhouse Canadian Small and Micro-cap Stock Report for Thursday, July 7, 2011
TORONTO (SHfn) – Pacific Wildcat Resources (TSX: V.PAW, Stock Forum) shares powered 32% higher to 83 cents on Thursday after the micro cap miner reported the initial NI 43-101 compliant independent Niobium mineral resource estimate report for the Mrima Hill Niobium and Rare Earth Project in Kenya, which showed an Inferred Resource in excess of 1.5 billion pounds of niobium.
As well, shares of AIM Health Group (TSX: V.AHG, Stock Forum) rose 41% to 24 cents as the health care company said it has entered into a definitive support agreement pursuant to which an affiliate of Imperial Capital Group Ltd., Subco, has agreed to acquire all of the outstanding shares of AIM for 25 cents a share in cash.
Firan Technology Group (TSX: T.FTG, Stock Forum), meanwhile, announced that its second-quarter sales rose 20% from $11.6 million in Q2 20010 to $13.9 million in Q2 2011, while net earnings were $400,000 compared with a net loss of $400,000 in Q2 2010. Firan stock popped 60% to 40 cents.
And, Cap-Ex Ventures (TSX: V.CEV, Stock Forum) Thursday reported that Sunrise Drilling has been awarded a contract to drill up to 15,000 metres at the company's Block 103 and Redmond properties in Quebec. Cap-Ex shares added 13% at 68 cents.
| Top Canadian Small/Micro-cap Advancers (as of 4 PM Eastern) |
| Top Canadian Small/Micro-cap Decliners |
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