HIT Technologies Inc. (CVE:HIT), an iPhone accessories stock, moved up after announcing meaningful exposure during Shark Week
Sean Mason | August 26, 2016 | SmallCapPower
An iPhone accessories maker made its mark Friday following a live-stream broadcast. Here’s some small stocks making big moves on Friday, August 26, 2016 (as of 4 PM EST):
HIT Technologies Inc. (CVE:HIT) shares climbed 22% to $0.055 on Friday after the manufacturer of an adventure product, HITCASE, for transforming Apple iPhones into mountable high-performing, weather-and shock-resistant video cameras announced that its Discovery Channel’s Shark Week live stream broadcast exposed HITCASE to 80 million people, receiving over 80,000 comments, 4500 shares and over 6.4 million impressions over two days.
As well, shares of NTG Clarity Networks Inc. (CVE:NCI) fell 25% to $0.09 as the provider of networking solutions said its second-quarter revenue increased 68% to $5,077,129, yet it swung to a net loss of $1,009,297, compared with net income of $166,270 during the same period last year.
Stans Energy Corp. (CVE:HRE), meanwhile, reported that it has entered into a Memorandum of Understanding for an option to acquire 100% of Pervomayskiy GOK LLC, a Russian limited liability corporation, the owner of a Lithium Mineralization Stockpile, the Zabaikalsky Mill, and supporting infrastructure. Stans Energy stock popped 133% to $0.07 following the announcement.
Finally, Kilo Goldmines Ltd. (CVE:KGL) shares gained 15% to $0.19 after the gold explorer announced that an additional $2.5 million was added to its private placement due to “significant demand,” with Osisko Mining Corp acquiring 5 million units in the most recent closing.
To find out more about HIT Technologies Inc., please visit the company’s Investor Hub.
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