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CardioComm Solution soars 50% on distribution news: Canadian market movers

Elizabeth Walters Elizabeth Walters, Stockhouse
0 Comments| March 5, 2013

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On Tuesday, the top TSX mover was Kelt Exploration Ltd. (TSX: T.KEL, Stock Forum). The stock gained 1.63% and was trading at $5.61 on volume of 3.9 million.

The newly formed oil and gas explorer began operations on Feb. 26, 2013.

The company was formed as a result of a plan of arrangement between Celtic Exploration Ltd. and ExxonMobil Celtic ULC, a wholly owned subsidiary of ExxonMobil Canada Ltd.

B2Gold Corp. (TSX: T.BTO, Stock Forum) was the second most active stock on the TSX. It lost 1.05% and was trading at $2.82 on volume of 3.3 million shares.

The gold producer had no related news to explain the high volume in trading.

Selwyn Resources Ltd. (TSX: V.SWN, Stock Forum) was the volume leader on the TSX Venture Exchange. It was unchanged and was trading at $0.055 on volume of 4.1 million.

On March 4, the base metals exploration and development company entered into an asset and share purchase agreement with Chihong Canada Mining Ltd. and Selwyn Chihong Mining Ltd. to sell the company's remaining 50% joint venture interest in the Selwyn zinc and lead project located in the Yukon Territory for $50 million in cash.

The second most active stock on the TSX Venture was CardioComm Solutions Inc. (TSX: V.EKG, Stock Forum). It soared 50% and was trading at $0.24 after 2.6 million shares changed hands.

On March 4, the global medical provider of electrocardiogram acquisition and management software solutions announced a distribution agreement with TAW Global.

TAW Global designs and markets specialty products aimed at meeting the unique needs and demands of consumers around the world, and will be selling the HeartCheck PEN into the U.S. Market commencing immediately.



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