Small
stocks making big moves on Monday, March 30, 2015 (as of 4 pm EST), as
reported by Sean Mason, SmallCapPower.com
Espial Group Inc. (TSX:
ESP) shares shot up 25% to $3.46 on volume of more than 1.8 million shares
Monday after the provider of on-demand TV software and services announced that
a major European cable operator, with over 1.5 million households connected to
their cable network, has selected Espial’s end-to-end RDK solution, including
licensing Espial’s G4 Client software for DVB/IP set-top boxes, user
experience, and Espial’s back-office service management platform.
As well,
shares of Pele Mountain Resources Inc.
(TSXV:
GEM) climbed 67% to $0.05 as the rare earth project developer said it has
entered into a Memorandum of Understanding with China’s Sheng Kang Ning
(Shanghai) Mining Investment Co. Ltd., to jointly pursue the opportunity of
developing rare earth processing facilities at Pele’s Eco Ridge property in
Elliot Lake, Ontario.
Ventripoint Diagnostics Ltd. (TSXV:
VPT), meanwhile, reported that it has appointed PYP Enterprises LLC (PYP)
to be the exclusive distributor to the U.S. military hospitals including the VA
hospitals. Ventripoint creates tools to monitor patients with heart disease. Its
stock moved up 9% to $0.06 following the announcement.
Finally,
Naturally Splendid Enterprises Ltd. (TSXV:
NSP) shares jumped 12% to $0.58 after the plant-based
omega products distributor announced that it has signed a binding letter of
agreement with POS BPC Manufacturing Corp. to provide research and
development services to Naturally Splendid, on an exclusive basis for hemp-based
research, process and product development, until September 1, 2017.
