Lomiko Metals (V.LMR) up 50%, Mawson Resources (T.MAW) climbs 20%

Stockhouse Editorial
0 Comments| January 20, 2014


Stockhouse Canadian Small and Micro-cap Stock Report for Monday, January 20, 2014 VANCOUVER (SHfn) – 
 
Lomiko Metals Inc. (TSX: V.LMR, Stock Forum) climbed 50% to 15 cents after announcing that Graphene 3D Lab has reached a significant milestone by filing a provisional patent application for the use of grapheme-enhanced material, along with other materials, in 3D Printing.

Mawson Resources Ltd. (TSX: T.MAW, Stock Forum) soared 20% to 66 cents after the resource company reported further intersections of strong gold mineralization from the Palokas gold project at Rompas in Finland. Highlights include 19.0 metres grading 2.3 grams per tonne gold and 8.7 metres of 4.6 grams per tonne gold.

Lithium Americas Corp. (TSX: T.LAC, Stock Forum) rose 18.7% to 47.5 cents after the mineral explorer announced that it will be filing a preliminary short form prospectus within each province of Canada, in respect of a rights offering to raise gross proceeds of approximately $18.5 million through the issuance of rights to subscribe for common shares of the company.

Paladin Energy Ltd. (TSX: T.PDN, Stock Forum) up 10% to 60 cents after the uranium-focused company advised that it has signed an agreement on Jan. 18, 2014 to sell a 25% joint-venture equity stake in its flagship Langer Heinrich uranium mining operation in Namibia to China Uranium Corporation Ltd, a wholly owned subsidiary of China National Nuclear Corp., the leading Chinese nuclear utility, for consideration of US$190 million.

Graphite One Resources Inc. (TSX: V.GPH, Stock Forum) gained 3.6% to 14.5 cents after the mineral explorer announced an increase of the existing inferred resource by 68% to 284.71 million tonnes of 4.5% graphitic carbon, and by 41% to 37.68 million tonnes of 9.2% graphitic carbon at cut-offs of 2.0% graphitic carbon and 7.0% graphitic carbon, respectively, at its Graphite Creek Deposit. The Graphite Creek Deposit is located on the Seward Peninsula of Alaska.
Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern)
Doubleview Capital Corp. (V.DBV, Stock Forum) 125.00%
Lomiko Metals Inc. (V.LMR, Stock Forum) 50.00%
Eagle Hill Exploration Corporation (V.EAG, Stock Forum) 28.57%
San Gold Corporation (T.SGR, Stock Forum) 24.14%
HRT Participacoes em Petroleo S.A. (V.HRP, Stock Forum) 24.07%
Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern)
Excelsior Mining Corp. (V.MIN, Stock Forum) -12.73%
Sphere 3D Corporation (V.ANY, Stock Forum) -7.00%
Argonaut Gold Inc. (T.AR, Stock Forum) -4.89%
Gluskin Sheff + Associates Inc. (T.GS, Stock Forum) -3.76%
Horizons BetaPro S&P\/TSX Global Gold Bear Plus ETF (T.HGD, Stock Forum) -2.47%


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