Clarocity Corporation (TSXV: CLY), a real estate services stock, climbed after announcing that its U.S. subsidiary has been contracted by a Federal U.S. Government Department
A U.S. Government contract breathed life into a real estate services stock Friday. Here’s some small stocks making big moves on Friday, February 17, 2017 (as of 4 pm EST):
Real estate services stock Clarocity Corporation (TSXV: CLY) gained 11% to $0.15 on Friday after announcing that its U.S. subsidiary, Valuation Vision, Inc., has been contracted by a Federal U.S. Government Department to perform valuation services for the most recent release of delinquent asset sales.
As well, shares of Sherritt International Corporation (TSX: S) slipped 10% to $1.18 as the nickel/cobalt miner said its cash provided by operations of $8.0 million in 2016 was down from the $61.4 million recorded in 2015.
Mission Ready Services Inc. (TSXV: MRS), meanwhile, reported that it has received conditional approval from the TSX Venture Exchange to close the non-brokered private placement financing offering for a total of 4,660,000 units at $0.10 per unit, raising gross proceeds of C$466,000. Mission Ready Services stock moved up 8% to $0.07 following the announcement.
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.
Real estate services stock Clarocity Corporation (TSXV: CLY) gained 11% to $0.15 on Friday after announcing that its U.S. subsidiary, Valuation Vision, Inc., has been contracted by a Federal U.S. Government Department to perform valuation services for the most recent release of delinquent asset sales.
