Software Stock Moves Higher on Microsoft Integration

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MediaValet Inc. (CVE:MVP), a software stock, rose after announcing that it has integrated into Microsoft SharePoint

Sean Mason | April 6, 2017 | SmallCapPower

More than a few speculators took interest in a software stock Thursday following a Microsoft integration. Here’s some small stocks making big moves on Thursday, April 6, 2017 (as of 4 pm EST):

Software stock MediaValet Inc. (TSXV: MVP) climbed 25% to $0.10 on Thursday after announcing that it has integrated into Microsoft SharePoint, the world’s leading document management and storage system. MediaValet’s integration enables SharePoint users — for the first time — to view, manipulate and share all popular formats and sizes of photos, videos, audio files, graphics, animations and 2D and 3D CAD files within the platform.

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As well, shares of Nicola Mining Inc. (TSXV: NIM) rose as much as 10% before ending unchanged $0.21 as the junior miner said it has entered into a long-term Mining and Milling Profit Share Agreement with Gavin Mines Inc., in which Gavin Mines has agreed to ship up to 40,000 tonnes of mill feed per year to Nicola’s 200 tonne per day mill facility.

Related: Nicola Mining (TSXV: NIM) CEO – We Have Significant Exploration Upside Plus Cash-Flow Stability

Ballard Power Systems (TSX: BLDP), meanwhile, reported that it has entered into a definitive equipment supply agreement with Zhongshan Broad-Ocean Motor Co., Ltd. for the supply and delivery of 200 FCveloCity fuel cell engines to be used in demonstrations of clean energy buses and commercial vehicles in key Chinese cities. The deal is valued at about $11 million. Ballard Power Systems stock moved up 8% to $3.47 following the announcement.

Finally, Group Ten Metals Inc. (TSXV: PGE) shares jumped 27% to $0.19 after the junior explorer announced the acquisition of an undivided 100% interest in five mining claims at the Black Lake-Drayton project in northwestern Ontario, which strategically connects First Mining Finance’s Goldlund project, to the west, with Group Ten’s Black Lake-Drayton project.

To find out more about Nicola Mining Inc.please visit the company’s Investor Hub.

Ubika Research/SmallCapPower has received compensation from Nicola Mining to provide analyst research coverage. For full disclosure please visit here >>

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