Biotech Stock Climbs on Cancer Update: Today’s Canadian Small Cap Market Movers

Published:

Small
stocks making big moves on Wednesday, July 22, 2015 (as of 4 pm EST), as
reported by Sean Mason, SmallCapPower.com

Theralase Technologies Inc. (TSXV:
TLT
) shares jumped 15% to $0.34 on volume of more than 1.4 million shares Wednesday after the biotechnology
manufacturer focused on commercializing medical technologies to eliminate pain
and destroy cancer said it has achieved near complete destruction (~98%) of
bladder cancer in an animal model.

As well,
shares of Convalo Health International,
Corp.
(TSXV:
CXV
) rose 7% to $0.39 as the provider of addiction rehabilitation centres announced
Q2 revenue of $2,318,458, a quarter-over-quarter increase of 93%.

Mezzi Holdings Inc. (TSXV:
MZI
), meanwhile, reported that its wholly-owned division, MLine Cases, has
expanded its dealer network of vendors that will begin retailing its line of
specialty cases this Fall 2015. Mezzi Holdings stock moved up 5% to $0.195 following
the announcement. 

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