Small
stocks making big moves on Monday, April 20, 2015 (as of 4 pm EST), as
reported by Sean Mason, SmallCapPower.com
Nobilis Health Corp. (TSX: NHC)
shares climbed 6% to $10.05 on Monday after the owner and manager of
ambulatory and acute care facilities said it has entered into an agreement to
acquire Victory Healthcare Houston Hospital, a 25-bed, 6 operating room surgical
hospital that has provider agreements with most of the health insurers with the
largest number of covered patients in Texas. Nobilis will acquire a controlling stake in the hospital for cash
consideration of US$1.5 million and the assumption of capital leases totaling
approximately $2.4 million.
As well,
shares of Keek Inc. (TSXV:
KEK) slid 34% to $0.465 as the mobile video social network provider announced
that further to its press release dated April 1, 2014, the closing of the first
tranche of its previously announced private placement of up to $15 million has
been delayed due to the recent market volatility of the company’s stock
price. The terms of the offering are being reconsidered. The company is
also in talks with a strategic investor who is considering an investment in
Keek representing a control block.
IBC Advanced Alloys Corp. (TSXV:
IB), meanwhile, reported that its Copper Alloys division has received a
US$1.3 million order from a new multinational manufacturing customer based in
Asia. IBC Advanced Alloys stock moved up 9% to $0.125 following the
announcement.
Finally,
Balmoral Resources Ltd. (TSX:
BAR) shares rose as much as 10% before closing up 2.2% to $0.93 after the junior explorer announced drill results
for the first nine holes from the recently completed Winter 2015 drill program
on its wholly-owned Martiniere Property in Quebec, which included 19.55 g/t
gold over 44.45 metres.
