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Microcap Report: RDX Technologies (V.RDX) active on expansion news

Stockhouse Editorial
0 Comments| August 14, 2014

RDX Technologies Corp. (TSX: V.RDX, Stock Forum) jumped 35% to 30.5 cents Thursday after the company announced that it had executed a contract for the purchase and operation of RDX franchise locations in Ohio, southern Michigan and northern Kentucky.

According to the news release, the US$19.92 million deal was signed with Pontus Energy LLC, of Cincinnati, Ohio for 16 RDX franchises to be located within Ohio, Monroe County Michigan and the counties of: Boone, Kenton, Campbell, Gallatin, Grant and Pendleton in the State of Kentucky.

Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern)
Comstock Metals Ltd. (V.CSL, Stock Forum) 40.00%
Miraculins Inc. (V.MOM, Stock Forum) 35.85%
RDX Technologies Corporation (V.RDX, Stock Forum) 35.56%
Stellar Biotechnologies, Inc. (V.KLH, Stock Forum) 10.46%
Petrowest Corporation (T.PRW, Stock Forum) 8.26%
Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern)
Carmanah Technologies Corporation (T.CMH, Stock Forum) -90.52%
Sulliden Mining Capital Inc. (T.SMC, Stock Forum) -22.00%
Tekmira Pharmaceuticals Corporation (T.TKM, Stock Forum) -12.41%
SLYCE Inc. (V.SLC, Stock Forum) -11.86%
Rubicon Minerals Corporation (T.RMX, Stock Forum) -8.70%

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