Lithium news continued to spark investor interest Wednesday, while a contract win boosted a sustainability stock. Here’s some small stocks making big moves on Wednesday, January 6, 2016 (as of 11:30 am EST):
Alix Resources Corp. (TSXV: AIX) shares climbed 22% to $0.055 on volume of more than 1.1 million shares Wednesday after the resource junior announced the discovery of a lithium-bearing, clay-rich showing in a sequence of sedimentary-volcanic rocks located on its northern Tecolote Concession, which adjoins Bacanora Minerals Ltd. and Rare Earths Minerals PLC (REM)’s Buenavista concession in Sonora, Mexico.
As well, shares of Calfrac Well Services Ltd. (TSX: CFW) slipped 10% to $1.97 as the provider of specialized oilfield services said its Chief Financial Officer, Michael J. McNulty, has told the Company’s Board of Directors that he intends to retire by March 2016.
EnerDynamic Hybrid Technologies Corp. (TSXV: EHT), meanwhile, reported that it has entered into an agreement with Property Inventor AB, Sweden to supply modular hotel units for the safe housing of refugees in Sweden. The Supply Agreement requires the delivery of 1,000 new modular hotel units over the next 12 months, representing revenue of approximately C$32,000 per unit, amounting to an aggregate contract revenue of C$32 million. EnerDynamic Hybrid Technologies stock popped 85% to $0.60 following the announcement.
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