Energy Junior Surges on Court Ruling

    Sean Mason | April 1, 2016 | SmallCapPower

    Some speculators were undeterred by a court order Friday, while it remains full steam ahead for a biotech play. Here’s some small stocks making big moves on Friday, April 1, 2016 (as of 4 pm EST):

    PRE logoPacific Exploration & Production Corp. (TSX: PRE) shares continued to move higher Friday, up to 77% to $1.47. On Thursday, shares of the oil and gas producer/explorer gained 26% after the Company announced that the Colombian Constitutional Court instructed it to suspend operations within two kilometers of the border of an indigenous community known as “Vencedor Piriri” encompassing a portion of Quifa Block. The Company added that it has implemented contingency plans so as to not materially affect the production from the Quifa Block.

    newaltaAs well, shares of Newalta Corporation (TSX: NAL) slipped 12% to $1.70 as the provider of engineered environmental solutions said it intends to enter into a bought deal as well as a private placement equity financing to raise a total of $50 million at a price of $1.70 per share.

    genenewsGeneNews Limited (TSX: GEN) stock, meanwhile, continued to advance Friday, up 14% to $0.20. On Thursday, GeneNews shares jumped 52% after the Company reported that it has entered into a collaboration agreement with JTS Health Partners. The national healthcare management consulting and professional services firm will accelerate adoption of GeneNews’ menu of proprietary cancer tests, including its lead ColonSentry blood-test for assessing an individual’s current risk for colorectal cancer.

    Finally, Zecotek Photonics Inc. (TSXV: ZMS) shares rose as much as 3% before easing 3% to close at $0.305 after the zecotek-photonics-incdeveloper of photonics technologies for industrial, healthcare and scientific markets announced that it has received preliminary orders for its patented Lutetium Fine Silicate (LFS) scintillation crystals from major OEMs developing radiation monitoring and detection devices.

    Disclosure: Zecotek Photonics is a SmallCapPower client company and has paid a fee for coverage.

    See more Small and Micro Cap Market Movers Daily from Sean Mason. Tomorrow’s big stock market winners could be found here today!

    Hi, did you know SmallCapPower accepts blog submissions? You can contact me here

    DISCLAIMER

    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.