Neptune Technologies & Bioressources Inc. (TSE:NTB), a food stock, moved up after announcing a commercial agreement with Ingenutra Inc.
Sean Mason | October 7, 2016 | SmallCapPower
Investors in a food stock got a bit of appetizing news Friday. Here’s some small stocks making big moves on Friday, October 7, 2016 (as of 4 pm EST):
Food stock Neptune Technologies & Bioressources Inc. (TSE:NTB) shares rose as much as 12% before ending up 4% to $1.88 on Friday after announcing that it has signed an exclusive, worldwide and royalty bearing commercial agreement with Ingenutra Inc. for its MaxSimil specialty ingredient. MaxSimil allows for enhanced bioavailability and absorption of lipid based and lipid soluble nutraceuticals ingredients such as omega-3 fish oils, vitamin A, D, K and E, CoQ10 and others.
As well, shares of Breaking Data Corp. (CVE:BKD) slid 27% to $0.22 as the technology provider of semantic search, machine learning and natural language processing said it has entered into a bought deal private placement financing agreement for 22,225,000 units of the Company at a price of $0.18 per unit for total gross proceeds of $4,000,500.
Stans Energy Corp. (CVE:HRE), meanwhile, reported that lithium carbonate has been produced from lithium concentrate extracted from the Pervomayskiy Lithium Mineralization Stockpile using a patentable milling and hydro-metallurgical technology. Stans Energy stock moved up 33% to $0.06 following the announcement.
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