Stockhouse Canadian Small and Micro-cap Stock Report for Wednesday, February 1, 2012
TORONTO (SHfn) – Majescor Resources (TSX: V.MJX, Stock Forum) shares surged 17% to 28 cents on volume of more than 3.9 million shares Wednesday after the micro cap miner, its 100%- owned affiliate company SIMACT Alliance Copper-Gold Inc. and their Haitian partner SOMINE SA reported the final assay and over-limit check results for the supergene oxide and oxide/sulphide transition zones for the first five holes completed on its SOMINE porphyry copper-gold and epithermal vein gold-silver project in Haiti, which included 255 grams per tonne (g/t) silver over 13.5 metres.
As well, shares of CardioComm Solutions (TSX: V.EKG, Stock Forum) gained 11% to 36.5 cents on more than 10.3 million shares traded as the company and TZ Medical, Inc. (TZM) announced they have entered into a device integration and distribution agreement for the Mobile Cardiac Telemetry (MCT) electrocardiographic (ECG) and arrhythmia management market. Under this agreement, CardioComm Solutions will integrate TZM's new Aera CT MCT monitor into their proprietary GEMS software.
Brookemont Capital (TSX: V.BKT, Stock Forum), meanwhile, said it has been informed by the operator that four holes have now been completed on the 2011/2012 drilling program. This drill program is focused on the 4.5 km arsenic gold geochem soil sampling/coincident IP anomal on its property in Tanzania. The first two holes have been rushed to the lab in Mwanza for grades and the results from these first holes are expected to be returned within two to six weeks. Brookemont stock popped 38% to 14.5 cents on volume of more than 8.9 million shares.
And, Enhanced Oil Resources (TSX: V.EOR, Stock Forum) Wednesday reported that its indirect wholly-owned subsidiary, Ridgeway Arizona Oil Corp., has completed the sale of its interests in the St Johns CO2 and Helium field for proceeds of US$29.7 million in cash. Enhanced Oil shares jumped 12% to 14 cents.
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