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Microcap Report: Africa Hydrocarbons (NFK) activity prompts clarification

Stockhouse Editorial
1 Comment| March 14, 2014


Africa Hydrocarbons (TSX-V:NFK, StockForum) fell 16% to 13 cents Friday, prompting the,Calgary-based exploration stage firm engaged in the acquisition, exploration and development of petroleum & natural gas in North Africa, to issue a statement responding to recent mysterious trading activity that resulted in the company taking a sizable hit in share value.
 
According to the news release, company officials state that the company has undergone no material change that would account for the spate in negative trading that started with this morning’s bell.

Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern)
Alchemist Mining Inc. (V.AMS, Stock Forum) 41.38%
CRH Medical Corporation (T.CRH, Stock Forum) 27.69%
GoldQuest Mining Corp. (V.GQC, Stock Forum) 14.52%
Luna Gold Corp. (V.LGC, Stock Forum) 11.72%
Hydrogenics Corporation (T.HYG, Stock Forum) 8.83%
Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern)
Baylin Technologies Inc. (T.BYL, Stock Forum) -29.58%
Africa Hydrocarbons Inc. (V.NFK, Stock Forum) -16.13%
Satori Resources Inc. (V.BUD, Stock Forum) -11.54%
Merus Labs International Inc. (T.MSL, Stock Forum) -10.81%
POET Technologies Inc. (V.PTK, Stock Forum) -9.79%


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Hedgehog100
Touchstone Announces Subscription T.TCH | 2 days ago LONDON, UNITED KINGDOM--(Marketwired - March 14, 2014) http://www.stockhouse.com/news/press-releases/2014/03/14/touchstone-announces-subscription
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March 16, 2014
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