Graphite Junior Climbs on Purchase Orders

Great Lakes Graphite Inc. (TSXV: GLK), a graphite junior, moved up after announcing three new purchase orders

Sean Mason | January 18, 2017 | SmallCapPower

New purchase orders sparked the interests of a few graphite junior speculators Wednesday. Here’s some small stocks making big moves on Wednesday, January 18, 2017 (as of 4 pm EST):

Great Lakes Graphite Inc. (TSXV: GLK) shares rose as much as 13% before ending unchanged at $0.08 on Wednesday after the graphite junior announced that it has received three new purchase orders for a combined 60 tons of micronized graphite from the large U.S. industrial company that purchased over 420 tons of graphite from the Company in 2016.

Win Big With Our Small Cap Picks

 

As well, shares of Columbus Gold Corp. (TSX: CGT) sank 15% to $0.71 after the gold explorer said it has entered into a $5 million bought deal financing agreement at a price of $0.63 per share.

3tl Technologies Corp. (TSXV: TTM), meanwhile, reported that it has signed a two-year license agreement to provide PLATFORM, its Software as a Service (SaaS) consumer marketing platform, to a global provider of turf, snow and ground engaging equipment, and irrigation and outdoor lighting solutions. 3tl Technologies stock moved up 22% to $0.055 following the announcement.

Finally, AcuityAds Holdings Inc. (TSXV: AT) shares jumped 11% to $3.40 after the digital media solutions provider announced that it anticipates revenue for Q4 2016 to be approximately $18.0 million, compared to $7.6 million in Q4 2015, along with Adjusted EBITDA for the quarter of about $2.0 million.

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

Hi, did you know SmallCapPower accepts blog submissions? You can contact me here

DISCLAIMER

The Content contained on this page (including any facts, views, opinions, recommendations, description of, or references to, products or securities) made available by SmallCapPower/Ubika Research is for information purposes only and is not tailored to the needs or circumstances of any particular person. Any mention of a particular security is merely a general discussion of the merits and risks associated there with and is not to be used or construed as an offer to sell, a solicitation of an offer to buy, or an endorsement, recommendation, or sponsorship of any entity or security by SmallCapPower/Ubika Research. The Reader should apply his/her own judgment in making any use of any Content, including, without limitation, the use of any information contained therein as the basis for any conclusions. The Reader bears responsibility for his/her own investment research and decisions. Before making any investment decision, it is strongly recommended that you seek outside advice from a qualified investment advisor. SmallCapPower/Ubika Research does not provide or guarantee any financial, legal, tax, or accounting advice or advice regarding the suitability, profitability, or potential value of any particular investment, security, or information source. Ubika and/or its affiliates and/or their respective officers, directors or employees may from time to time acquire, hold or sell securities and/or commodities and/or commodity futures contracts in certain underlying companies mentioned in this site and which may also be clients of Ubika’s affiliates. In such instances, Ubika and/or its affiliates and/or their respective officers, directors or employees will use all reasonable efforts to avoid engaging in activities that would lead to conflicts of interest and Ubika and/or its affiliates will use all reasonable efforts to comply with conflicts of interest disclosures and regulations to minimize the conflict.