Small
stocks making big moves on Monday, May 4, 2015 (as of 4 pm EST), as
reported by Sean Mason, SmallCapPower.com
VANC Pharmaceuticals Inc. (TSXV: NPH) shares surged as much as 18% before ending up 4% at $0.51 on volume of more
than 5.5 million shares Monday as the provider of generic pharmaceuticals and
OTC health care products said it has received Drug Identification Numbers
(DIN) from Health Canada for 5 new generic molecules as an initial notice of
consent for new drug submissions.
As well,
shares of iCo Therapeutics (TSXV:
ICO) powered 13% higher to $0.085 after its licensing partner Immune
Pharmaceuticals Inc. announced that it has entered into a strategic partnership
with STC Biologics to accelerate the development of NanomAbs, a new generation
of Antibody Nanoparticle Conjugates allowing the targeted delivery of
chemo-therapeutics.
Waldron Energy Corporation (TSX:
WDN), meanwhile, reported that it has entered into an agreement for the
sale of its Strachan and Ricinus properties for gross proceeds of $12.3
million. Waldron Energy stock moved up 75% to $0.035 following the announcement.
Finally, Coastal Gold Corp. (TSXV:
COD) shares climbed 17% to $0.035 after the junior explorer said it has
received a revised unsolicited offer from First Mining Finance Corp. to acquire
all of the outstanding common shares of Coastal Gold for 0.15 common shares in
the capital of FMF for each Coastal Gold common share held.
