Microcap Report: Abattis Bioceuticals (C.ATT) spreads its wings, Affinor Growers (C.AFI) normalizes

Stockhouse Editorial
0 Comments| 11 days ago


Abattis Bioceuticals (CSE:ATT, Stock Forum) was welcomed by OTC Markets Group (OTCQX :OTCM, Stock Forum) to the Open, Transparent and Connected financial marketplace after the specialty biotechnology firm qualified for trading on the OTCQX®.
 
According to the news release, the company will commence trading today under the symbol “ATTBF” and US investors can locate current financial disclosures and Real-Time level 2 quotes on www.otcmarkets.com. Shares gained 11.76% on the news to $0.76 per share.
 
Affinor Growers (CSE:AFI, Stock Forum), another medical marijuana growing hopeful, maintained a more robust business model by prepping itself to service the broader multi-billion dollar agricultural markets with the ability to grow grade A1, non-GMO crops, such as strawberries, year-round without chemicals or pesticides.
 
As a result, the company reached an agreement to acquire Vertical Designs (VDL), a designer, developer and builder of vertical farming systems based on 12 years of R&D and significant third-party validation.
 
According to the news release, the company will implement VDL's enhanced farming techniques to grow various crops utilizing VDL's proprietary mechanical pollination system that allows food to be grown indoors, year-round regardless of seasonality with near zero water waste. Shares were down 16.67% on the news to $0.70 per share.


Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern)
Eastern Platinum Limited (T.ELR, Stock Forum) 14.29%
Rubicon Minerals Corporation (T.RMX, Stock Forum) 9.80%
Guyana Goldfields Inc. (T.GUY, Stock Forum) 8.84%
Lake Shore Gold Corp. (T.LSG, Stock Forum) 8.47%
Canexus Corporation (T.CUS, Stock Forum) 7.73%
Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern)
Manitok Energy Inc. (V.MEI, Stock Forum) -6.38%
Horizons BetaPro S&P\/TSX Global Gold Bear Plus ETF (T.HGD, Stock Forum) -6.18%
Delphi Energy Corp. (T.DEE, Stock Forum) -6.08%
Yangarra Resources Ltd. (V.YGR, Stock Forum) -5.29%
Cequence Energy Ltd. (T.CQE, Stock Forum) -4.26%


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