Canadian Cleantech Stock Powers Higher on New Orders

BIOREM Inc. (TSXV:BRM), a Canadian cleantech stock, surged after announcing several new orders totalling $7.0 million

Sean Mason | December 13, 2017 | SmallCapPower

A multi-million-dollar sales order likely had more than a few investors in a Canadian cleantech stock breathing easier Wednesday. Here’s some small stocks making big moves on Wednesday, December 13, 2017 (as of 4 pm EST):

BIOREM Inc. (TSXV:BRM), a Canadian cleantech stock, jumped 31% to $0.445 on Wednesday after announcing several new orders totalling $7.0 million, for air emission abatement projects in China and North America.

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As well, shares of Identillect Technologies Corp. (TSXV:ID) added 8% at $0.395 as the provider of email security said it has deployed Microsoft-enabled Single Sign-on, providing Microsoft users maximum security protocols while creating absolute efficiency.

Kelso Technologies Inc. (TSX:KLS), meanwhile, reported that it has completed the design and implementation of its proprietary Active Suspension Control System, while successfully outfitting a 2017 Ford F150 production prototype. Kelso Technologies stock moved up 14% to $0.59.

Finally, Zinc One Resources Inc. (TSXV:Z) shares gained 16% to $0.435 after the zinc junior announced that the Peruvian Ministry of Energy and Mines has approved the permit of 124 drill platforms for delineating mineral resources at the Company’s Bongará Zinc Mine Project, with drilling expected to begin in early January 2018.

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Disclosure: Neither the author nor any of the principals at SmallCapPower, or their family members, own shares in any of the companies mentioned above.

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