Good Life Networks Inc. (TSXV:GOOD), an advertising tech stock, moved up after agreeing to acquire connected television advertising technology company Impression X
A pending acquisition powered shares of an advertising tech stock Friday. Here’s some small stocks making big moves on Friday, August 31, 2018 (as of 4 pm EST):
Good Life Networks Inc. (TSXV:GOOD), an advertising tech stock, gained 7% to $0.22 on Friday after announcing that it has agreed to acquire connected television advertising technology company Impression X, Inc. for a total purchase price of up to US$4.5 million.
As well, shares of Desert Lion Energy Inc. (TSXV:DLI) continued to move lower Friday, down 23% to $0.19 following a 30% slide on Thursday after the lithium junior said it has encountered significant challenges in Q2 2018, due to weakness in lithium spot prices and delays in publishing its maiden Mineral Resource Estimate and Preliminary Economic Assessment.
Petro-Victory Energy (TSXV:VRY), meanwhile, reported that it has finalized a loan agreement to proceed with a financing of up to US$10 million through the issuance of senior secured notes. Petro-Victory Energy stock moved up 67% to $0.025 following the announcement.
Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.
To read our full disclosure, please click on the button below:
The Content contained on this page (including any facts, views, opinions, recommendations, description of, or references to, products or securities) made available by SmallCapPower/Ubika Research is for information purposes only and is not tailored to the needs or circumstances of any particular person. Any mention of a particular security is merely a general discussion of the merits and risks associated there with and is not to be used or construed as an offer to sell, a solicitation of an offer to buy, or an endorsement, recommendation, or sponsorship of any entity or security by SmallCapPower/Ubika Research. The Reader should apply his/her own judgment in making any use of any Content, including, without limitation, the use of any information contained therein as the basis for any conclusions. The Reader bears responsibility for his/her own investment research and decisions. Before making any investment decision, it is strongly recommended that you seek outside advice from a qualified investment advisor. SmallCapPower/Ubika Research does not provide or guarantee any financial, legal, tax, or accounting advice or advice regarding the suitability, profitability, or potential value of any particular investment, security, or information source. Ubika and/or its affiliates and/or their respective officers, directors or employees may from time to time acquire, hold or sell securities and/or commodities and/or commodity futures contracts in certain underlying companies mentioned in this site and which may also be clients of Ubika’s affiliates. In such instances, Ubika and/or its affiliates and/or their respective officers, directors or employees will use all reasonable efforts to avoid engaging in activities that would lead to conflicts of interest and Ubika and/or its affiliates will use all reasonable efforts to comply with conflicts of interest disclosures and regulations to minimize the conflict.
Good Life Networks Inc. (TSXV:GOOD), an advertising tech stock, gained 7% to $0.22 on Friday after announcing that it has agreed to acquire connected television advertising technology company Impression X, Inc. for a total purchase price of up to US$4.5 million.
