Lithium Junior Jumps on Nevada Drill Results

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Cypress Development Corp. (CVE:CYP), a lithium junior, moved higher after announcing results from its Dean and Glory Lithium properties in Nevada

Sean Mason | December 5, 2017 | SmallCapPower

Assay results from the Clayton Valley in Nevada boosted shares of a lithium junior Tuesday. Here’s some small stocks making big moves on Tuesday, December 5, 2017 (as of 4 pm EST):

Cypress Development Corp. (TSXV:CYP) shares climbed 13% to $0.315 on Tuesday after the lithium junior announced results from its first three holes completed in its fall, 2017 drill program at its 100%-owned Dean and Glory Lithium properties in Clayton Valley, Nevada, which included 102.7 meters of 1029 ppm Li on the Dean property.

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As well, shares of Aphria Inc. (TSX:APH) surged 16% to $13.53 as the marijuana producer said it has entered into an agreement to become a medical cannabis supplier to Shoppers Drug Mart, once Health Canada approves Shoppers Drug Mart’s application to be a licensed producer.

UrtheCast Corp. (TSX:UR), meanwhile, reported that it has now signed binding data subscription agreements for the UrtheDaily Constellation totalling in excess of C$100 million. UrtheCast stock popped 11% to $1.54 following the announcement.

Finally, Peeks Social Ltd. (TSXV:PEEK) shares gained 10% to $0.40 after the social media company announced that the Peeks Social platform reached an all-time high of $455,000 in monthly user deposits and over two million monthly user sessions in November 2017.

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

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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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