Tech Stock Climbs on Patent Approval

ARHT Media Inc. (CVE:ART), a tech stock, moved higher after announcing that it is adding yet another technology patent to its roster

Sean Mason | July 14, 2017 | SmallCapPower

Yet another patent for its hologram technology lifted a tiny tech stock Friday. Here’s some small stocks making big moves on Friday, July 14, 2017 (as of 4 pm EST):

ARHT Media Inc. (TSXV: ART), a tech stock, rose 11% to $0.10 on Friday after the creator of digital human holograms announced that it is adding yet another technology patent to its roster as it received official approval for its Hologram Screen Display from the United States Patent and Trademark Office.

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As well, shares of Westport Fuel Systems Inc. (TSX: WPRT) sank 16% to $2.06 as the provider of clean-burning fuel systems and components said it intends to raise US$25.05 million in an equity financing at a price of US$1.50 per share.

Eastmain Resources Inc. (TSX: ER), meanwhile, reported the completion of the mineral resource definition drill program from the Eau Claire gold deposit in Québec. The Company added that it intends to provide the results of the additional 10,000 metres of drilling now underway in an upcoming resource estimate on track to be delivered in Q3 2017. Eastmain Resources stock moved up 8% to $0.345 following the announcement.

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

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