Small
stocks making big moves on Wednesday, May 20, 2015 (as of 4 pm EST), as
reported by Sean Mason, SmallCapPower.com
Integra Gold Corp. (TSXV:
ICG) shares climbed 7% to $0.295 on volume of more than 5.7 million shares
Wednesday after the gold explorer announced additional drill results from its
2015 Triangle Zone extensional drill program on the Lamaque South Gold Project in
Québec, which included 10.73 grams per tonne (g/t) gold over 16.0 metres.
As well,
shares of Western Lithium USA
Corporation (TSX:
WLC) slid 7% to $0.79 as the lithium project developer said it has
increased its bought deal financing to 9,250,000 units of the company at a
price of C$0.70 per unit for aggregate gross proceeds of C$6,947,500.
Convalo Health International, Corp. (TSXV:
CXV), meanwhile, reported that it has come to terms to acquire two
profitable southern California companies, Hollywood Detox Center and Accredited
Rehab and Treatment Services in consideration for both stock and cash. Convalo
stock moved up 15% to $0.63 following the announcement.
Finally, SoMedia Networks (TSXV:
VID) shares slipped 6% to $0.30 after the pioneer of scalable video
production and marketing solutions announced that Yellow Pages, a leading
digital media and marketing solutions company, has selected SoMedia to provide
on demand video production services across Canada.
