Microcap Report: Weststar (V.WER), Marksmen Energy (V.MAH) active

Stockhouse Editorial
0 Comments| May 6, 2014


Weststar Resources Corp. (TSX: V.WER, Stock Forum) rose 28.6% to 4.5 cents Tuesday after the company siad it has signed a non-disclosure agreement with a B.C. private company.

In return, Weststar has received a comprehensive business plan containing the pertinent details encompassing the electronic-cigarette and medicinal-marijuana-related business assets. Privco’s seed-to-sale business is located in the B.C. Lower Mainland, Weststar said.

Marksmen Energy Inc. (TSX:V.MAH, Stock Forum) rose 109% to 46 cents. The Calgary-based firm engaged in the exploration, development and production of petroleum and natural gas properties in Ohio and Canada, announced that on April 30, 2014 the company, along with its JV partner, Houghton Investments, spudded the first of up to five wells included in its initial drilling campaign in Ohio, USA.

According to the news release, the aforementioned well was drilled to total depth and revealed oil and gas shows in an upper formation as well as oil shows in the Cambrian Knox formation where formation oil circulated to the surface.
 

Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern)
Marksmen Energy Inc. (V.MAH, Stock Forum) 109.09%
Bacanora Minerals Ltd. (V.BCN, Stock Forum) 34.09%
Imvescor Restaurant Group Inc. (T.IRG, Stock Forum) 10.21%
Questor Technology Inc. (V.QST, Stock Forum) 8.11%
Sphere 3D Corporation (V.ANY, Stock Forum) 8.05%
Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern)
Plata Latina Minerals Corporation (V.PLA, Stock Forum) -33.33%
Niocorp Developments Ltd. (V.NB, Stock Forum) -10.26%
Ballard Power Systems Inc. (T.BLD, Stock Forum) -8.26%
Allied Nevada Gold Corp. (T.ANV, Stock Forum) -6.32%
Cipher Pharmaceuticals Inc. (T.DND, Stock Forum) -6.15%


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