Stockhouse Canadian Small and Micro-cap Stock Report for Monday, June 11, 2012
TORONTO (SHfn) – WCB Resources (TSX: V.WCB, Stock Forum) shares climbed 43% to 70 cents on Monday after the micro cap explorer reported that it has entered into an exploration farm-in agreement with Pan Pacific Copper covering EL1747 located on Misima Island, Papua New Guinea. Historic production was four million ounces of gold and 20 million ounces of silver from several open pits. WCB can earn up to a 70% interest in this license by spending a total of A$9.0 million within four years.
As well, shares of 01 Communique Laboratory (TSX: T.ONE, Stock Forum) rose 11% to 94 cents as the company and Wi-LAN (TSX: T.WIN, Stock Forum) announced that they have entered into a Settlement and Patent License Agreement with Bomgar Corporation, which settles all litigation among the parties and provides Bomgar with a license to certain 01 Communique U.S. and Canadian patents.
Miraculins (TSX: V.MOM, Stock Forum), meanwhile, said it has received a Notice of Allowance from the United States Patent and Trademark Office for a patent that covers use of spectrophotometric measurements for the non-invasive analysis of skin cholesterol. Miraculins stock popped as much as 14% to 12.5 cents.
And, Focus Ventures (TSX: V.FCV, Stock Forum) Monday reported that it has started exploration on its 100% owned Katenwill concessions in Peru. Focus Ventures shares surged 23% to 24.5 cents.
| Top Canadian Small/Micro-cap Advancers (as of 4 PM Eastern) |
| Top Canadian Small/Micro-cap Decliners |
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