Author: Alexander Lee
Alexander Lee
Alexander is the founder and author of Microcaps.ca, a leading resource for investors interested in the micro-cap stock market. With a passion for uncovering hidden gems in the world of small-cap stocks, Alexander combines in-depth research with years of experience in the financial markets to provide readers with valuable insights and timely analysis. Investors should conduct their own research or consult with a qualified investment advisor before making any investment decisions. The author of this article is not responsible for any gains or losses incurred from investing in companies mentioned.
VIQ Solutions, a Canadian developer listed on the TSX under the symbol VQS, has recently entered into a multi-year agreement with e24 Technologies DBA Transcription Hub (Thub) to deploy its NetScribe artificial intelligence-powered technology to transcription companies in India. NetScribe utilizes advanced speech-to-text technology to quickly transcribe single speaker and multi-speaker recordings into formatted draft documents for review and editing purposes. VIQ has validated that the product enhances documentation workflow and decreases turnaround times for transcription services in environments with verbatim multi-speaker segments such as education, call centers, and retail industries. Thub employees have been using Netscribe for the past…
GURU Organic Energy, a Canadian manufacturer listed on the TSX under the symbol GURU, has reported a significant increase of more than 33% in consumer purchases during the fourth quarter of 2022. The boost in scanned retail sales can be attributed to the success of the company’s national advertising campaigns, “Good Energy for the Everyday” and “Back to Reality,” which led to a 31% increase compared to the same period last year. In the US market, GURU maintained its position as the number one energy drink in California’s natural store sector and is working on expanding its distribution network in…
FansUnite Entertainment (TSX: FANS) announced revenue of $20.08 million for the nine-month period ending September 30, 2022, marking its first quarter of positive cash flow from operations. The company achieved this milestone in the first quarter of fiscal year 2022, with approximately $0.5 million in positive cash flow. FansUnite also reported a gross margin of around 48% for the nine-month period. The company attributed this significant revenue growth to the performance of its wholly-owned subsidiary, American Affiliate (AmAff), particularly through its affiliate marketing services brand, Betting Hero. Additionally, FansUnite saw revenue growth in its B2C operations, including its Scottish-focused UK…
Patriot Battery Metals (TSX-V: PMET) has released core assay results for 12 additional drill holes at its wholly-owned Corvette lithium property in Canada. The company’s main focus has been on the CV5 pegmatite, situated about 13.5 kilometers south of the regional Trans-Taiga Road and powerline infrastructure in Quebec’s James Bay region. The drilling targeted mineralization at shallow to mid-level depths along a significant strike length of the pegmatite, with notable intercepts including 113.4m at 1.61% lithium oxide from 162.1m, 38m at 2.17% lithium, and 28.6m at 2.31% lithium. In one drill hole, 20 individual samples returned grades exceeding 3% lithium…
Ascot Resources, a Vancouver-based company listed on the TSX under the ticker symbol AOT, recently reported its highest-grade gold intercept in five years. The company unveiled a 1-meter interval at 488 grams per tonne of gold at its Big Missouri deposit, as part of a broader 7.9-meter intersection grading 62.76g/t gold and 27.36g/t silver. This successful drilling program is part of Ascot’s Premier gold project, located in British Columbia on Nisga’a Nation treaty lands. The 2022 exploration season saw the completion of 50 drill holes totaling 4,752 meters. The drilling program focused on targeting gold mineralization at the A Zone…
Atalaya Mining (TSX: AYM) is a single commodity focused company currently reporting high-grade copper intercepts from its Proyecto Masa Valverde (PMV) project in southern Spain. The company has identified a potential new massive sulphide discovery at the Mojarra Trend within the project. The newly discovered Mojarra Trend is showing promising results, with a second hole intersecting 18.75m of mineralisation containing 0.84% copper, 0.63% zinc, 0.66% lead, and 76.24 grams per tonne silver. This hole also featured a high-grade interval of 6.8m at 1.22% copper and 101.6g/t silver. In addition to the Mojarra Trend, Atalaya has reported other high-grade hits from…
Direct Communication Solutions Inc (CSE: DCSI), a specialist in Internet of Things (IoT) technology, has recently introduced a cloud-based tracking tool tailored for the rapidly expanding global electric bike market. The newly launched MiEbike mobile app offers a range of features such as alerts, notifications, geozones, and location sharing to assist users in tracking their e-bikes in case of theft. With real-time tracking capabilities, the app aims to enhance the chances of quick recovery of stolen e-bikes. Fully integrated into Direct Communication’s MiFleet cloud-based fleet tracking and management platform, the MiEbike app is available for purchase online, through carrier partners,…
Canadian uranium company Cameco Corporation (TSX: CCJ) and clean energy investor Brookfield Renewable Partners (TSX: BEPC) have announced a collaboration in the acquisition of global nuclear services company Westinghouse Electric Company. The acquisition will give Westinghouse a total enterprise value of nearly US$8 billion. This strategic partnership combines Cameco’s expertise in the nuclear industry with Brookfield’s proficiency in clean energy, creating a robust platform for strategic growth in the nuclear sector. Brookfield plans to invest approximately US$750 million to acquire a 17% interest in Westinghouse, utilizing funding methods such as asset level up financings and asset recycling. Cameco intends to…
Direct Communications Solutions (CSE: DCSI) (OTCQX: DCSX) (FSE: 7QU) has been recognized as a finalist for the Gurtam 2022 IoT project of the year for its Smart ESG Program. This program assists companies in meeting regulatory requirements and improving operational efficiency. The Smart ESG Program by DCS offers cloud-based solutions that have enabled clients to comply with California’s air quality and climate regulations set by the California Air Resources Board (CARB). These solutions also provide secure data analytics to enhance operational efficiency for end users, improving scheduling, routing, and monitoring capabilities at a cost-effective rate. Gurtam, a developer of telematics…
Direct Communication Solutions, a California-based company trading on the CSE (DCSI), OTCQX (DCSX), and FSE (7QU) exchanges, has reported significant revenue growth for the second quarter of 2022, solidifying its position as a key player in the IoT market. In the first half of 2022, Direct Communication achieved six-month revenue of US$13.6 million (C$17.7 million), representing a 70% increase from the same period in 2021. CEO Chris Bursey expressed optimism about the company’s financial performance and future growth prospects. During Q2 2022, the company’s gross profit surged by 110% year-on-year, totaling US$2.1 million compared to US$1 million in Q2 2021.…