Small
stocks making big moves on Friday, February 20, 2015 (as of 12 pm EST), as
reported by Sean Mason, SmallCapPower.com
Zaio Corporation (TSXV: ZAO)
shares shot up 25% to $0.25 on volume of 1.7 million shares Friday after the provider
of real estate data and analytics said it processed record unit volumes and
generated over US$3 million in revenue (unaudited) during the month of January.
As well,
shares of VANC Pharmaceuticals Inc. (TSXV: NPH)
jumped 12% to $0.24 as the pharmaceutical company announced that it has signed
a Letter of Intent with a Western Canada based multi-chain pharmacy to become a
preferred supplier of generic drugs and over-the-counter products.
Hartco Inc. (TSX: HCI),
meanwhile, said it has received a letter of intent from the company’s founder
and CEO, Harry Hart, to take the company private at price of $3.25 per share in
cash. Hartco is the parent company of Metafore Technologies Inc., which
provides information technology solutions designed to improved productivity and
overall business performance of private and public sector organizations across
Canada. Hartco stock popped 29% to $3.15 following the announcement.
Finally, Xmet Inc. (TSXV: XME)
shares climbed 38% to $0.055 after the micro-cap explorer reported some
preliminary results from its approximately 1,200 metre diamond drilling program
on the Blackflake West graphite property in northern Ontario, which the company
says shows indications of a volcanogenic massive sulphide style (VMS) system. Xmet
has the option to earn up to a 60% interest on a portion of the Blackflake West
Project from Metals Creek Resources.
