Canadian Healthcare Tech Stock Climbs on New Contract

Reliq Health Technologies Inc. (TSXV:RHT), a Canadian healthcare tech stock, moved up after signing a contract with MedTech Evolutions, LLC

Sean Mason | March 25, 2020 | SmallCapPower

A contract award produced healthy gains for a Canadian healthcare tech stock Wednesday. Here’s some small stocks making big moves on Wednesday, March 25, 2020 (as of 4 pm EST):

Reliq Health Technologies Inc. (TSXV:RHT), a Canadian healthcare tech stock, jumped 20% to $0.425 on Wednesday after announcing that it has signed a contract with MedTech Evolutions, LLC in Kentucky to provide its iUGO Care platform to over 27,000 eligible Medicare patients in Alabama, Illinois, Mississippi and Tennessee.

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As well, shares of Calibre Mining Corp. (TSX:CXB) slipped 10% to $0.63 as the junior gold miner said it has begun the legal process with the Nicaraguan Ministry of Labour to obtain authorization for the temporary suspension of its El Limon and La Libertad mines. The Company added that it is withdrawing its 2020 guidance.

kneat.com, Inc. (TSXV:KSI), meanwhile, reported that it has signed a three-year Software as a Service (SaaS) Master Agreement with another Top 10 pharmaceutical company. kneat.com stock moved up 28% to $1.81 following the announcement.

Finally, Seven Aces Limited (TSXV:ACES) shares gained 20% to $1.20 after the gaming company announced that its 70% owned subsidiary, Lucky Bucks, LLC, has acquired seven additional gaming contracts from digital skill-based gaming terminal operators based in the U.S. State of Georgia.

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Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.

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