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Microcap Report: Marquee Energy (V.MQL) active on financing news, Affinor (C.AFI) down 6%

Stockhouse Editorial
0 Comments| April 10, 2014

Marquee Energy (TSX-V:MQL, StockForum) fell 2.1% to 93 cents Thursday after the Calgary-based firm said it had amended its recently announced bought-deal offering of common shares with a syndicate of underwriters led by National Bank Financial and Haywood Securities.
According to the news release, the company and the underwriters, “agreed to increase the size of the Offering to an aggregate of 19,231,000 Common Shares at a price of $0.91 per Common Share for total gross proceeds of $17,500,210.

Affinor Resources Inc. (CSE: C:AFI, Stock Forum) eased 6.1% to 46 cents. The Montreal Quebec-based recent entrant in the emerging medical marijuana sector, has been on a mission over the last two weeks to add to the company’s collective brain power and MMJ experience as it positions itself to operate within the medical marijuana sector, culminating with the appointment of vertical farming pioneer, Greg Dennison as chief financial officer.

Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern)
POET Technologies Inc. (V.PTK, Stock Forum) 12.43%
Sandvine Corporation (T.SVC, Stock Forum) 10.59%
Painted Pony Petroleum Ltd. (T.PPY, Stock Forum) 9.14%
Petrobank Energy and Resources Ltd. (T.PBG, Stock Forum) 7.69%
High Arctic Energy Services Inc. (T.HWO, Stock Forum) 7.07%
Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern)
ViXS Systems Inc. (T.VXS, Stock Forum) -19.23%
Thelon Capital Ltd. (V.THC, Stock Forum) -16.00%
Pinecrest Energy Inc. (V.PRY, Stock Forum) -13.51%
Theralase Technologies Inc. (V.TLT, Stock Forum) -11.76%
Tekmira Pharmaceuticals Corporation (T.TKM, Stock Forum) -9.16%

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