NTG Clarity Networks Inc. (CVE:NCI), a networking solutions penny stock, moved higher after announcing a $4.5 million contract with a Gulf region client
A big-dollar contract propelled a networking solutions penny stock sharply higher Wednesday. Here’s some small stocks making big moves on Wednesday, October 18, 2017 (as of 4 pm EST):
NTG Clarity Networks Inc. (TSXV:NCI), a networking solutions penny stock, jumped 50% to $0.045 on Wednesday after announcing that it has signed a frame agreement contract with an operator in the Gulf region to help enhance its operational efficiency. The initial phase is estimated at C$4.5 million over a three-year period.
As well, shares of NexGen Energy Ltd. (TSX:NXE) added 3% at $2.78 as the uranium junior said aggressive step-out drilling at the recently-discovered South Arrow deposit in Saskatchewan’s Athabasca Basin has intersected “significant” off-scale radioactivity in multiple holes, and has extended the strike length and vertical extent of high-grade mineralization to 240 metres and 185 metres, respectively.
EnerDynamic Hybrid Technologies Corp. (TSXV:EHT), meanwhile, reported that it has received the first order from The Foundation General Akissi on behalf of the Ivory Coast government to build 4,000 houses, which represent the first tranche of Phase 1 of the agreement announced on December 12, 2016. EnerDynamic Hybrid Technologies stock popped 45% to $0.145.
Disclosure: Neither the author nor any of the principals at SmallCapPower, or their family members, own shares in any of the companies mentioned above.
To read our full disclosure, please click on the button below:
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.
NTG Clarity Networks Inc. (TSXV:NCI), a networking solutions penny stock, jumped 50% to $0.045 on Wednesday after announcing that it has signed a frame agreement contract with an operator in the Gulf region to help enhance its operational efficiency. The initial phase is estimated at C$4.5 million over a three-year period.
