Sean Mason | November 25, 2015 |
SmallCapPower
A bigger
‘Slyce’ of an existing contract was good news for some shareholders Wednesday,
while a reverse split didn’t sit well with others. Here’s some small stocks
making big moves on Wednesday, November 25, 2015 (as of 11:30 am EST):
Slyce Inc. (TSXV:
SLC) shares powered 19% higher to $0.215 on volume of more than 1.9 million
shares Wednesday after the visual product search platform announced a new,
finalized contract with an existing Fortune 500, global toy retailing client,
which will see Slyce’s generated revenue double over the contract term for the
provision of several of its visual search and digital coupon-related services.
As well,
shares of Starcore International Mines Ltd. (TSX:
SAM) slipped 17% to $0.075 as the precious metals explorer said its Board
of Directors has approved a resolution that would consolidate the Company’s
common shares on a basis of 1 new share for every 4 old shares.
Theralase Technologies Inc. (TSXV:
TLT), meanwhile, reported that the Food and Drug Administration (FDA) has
granted 510(k) approval for Theralase’s next generation therapeutic laser, the
TLC-2000 Therapeutic Medical Laser System. Theralase Technologies stock moved
up 12% to $0.325 following the announcement.
Finally, Engagement Labs Inc. (TSXV: EL)
shares climbed 16% to $0.32 after the technology and data
company announced that its Q3 revenue increased 108% from the second
quarter to $1.74 million, while its gross profit margin for the period rose to
41% from 27% during Q2 2015.
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