Healthcare Tech Stock Jumps on Contract Renewal: Today’s Small Cap Market Movers

Published:

Small
stocks making big moves on Thursday, March 26, 2015 (as of 4 pm EST), as
reported by Sean Mason, SmallCapPower.com

Diagnos Inc. (TSXV:
ADK
) shares climbed 7% to $0.075 on Thursday after the healthcare technical
services provider announced the renewal of an agreement with an unnamed client that
has been expanded to a total of 14 mobile screening units. The value of the two-year
agreement is approximately C$716,000.

As well,
shares of Microbix Biosystems Inc. (TSX:
MBX
) slipped 11% to $0.51 as the provider of biological products and
technologies said that the Court of Dusseldorf, Germany has dismissed its
VIRUSMAX® patent infringement lawsuit against Novartis Vaccines and Diagnostics
without prejudice.

Victory Nickel Inc. (TSX:
NI
), meanwhile, reported that Alison Sutcliffe has resigned as its Chief
Financial Officer effective March 31, 2015 for personal reasons. The company added
that it is in the process of identifying a suitable replacement. Victory Nickel
stock moved up 33% to $0.16 following the announcement.

Finally,
Orbite
Aluminae Inc.
(TSX:
ORT
) shares rose 5% to $0.335 after the clean technology based
mineral-processing and resource development company announced that as a consequence of recent market activity
and conditions, it will not be proceeding with the public offering of
convertible debentures disclosed in its press release dated March 23, 2015. 

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