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FridayNov 11, 2011 9:56 am

IntelGenx Corp. (IGXT) Receives FDA Approval for High Dose Anti-Depressant CPI-300

IntelGenx Corp. today announced with excitement that the U.S. Food and Drug Administration (FDA) has approved its lead product, CPI-300, for patients with Major Depressive Disorder. CPI-300 is a novel, high-strength formulation of Bupropion hydrochloride (HCl), the active ingredient in Wellbutrin XL. According to the company’s press release, CPI-300 is the only single dose 450 mg formulation of Bupropion HCl approved by the FDA. "This is a defining moment for IntelGenx, as we have now clearly demonstrated our ability to independently take a product through development to regulatory approval," stated Dr. Horst G. Zerbe, President and Chief Executive Officer of…

FridayNov 11, 2011 9:08 am

English Firm E-Waste Systems, Inc. (EWSI) Announces Partnership with Fine Resources, Inc. to Expand Global Business Development

E-Waste Systems, Inc., a London-based provider of waste electric and electronic equipment processing services around the world, today announced a partnership with an electronic waste and commodity trading firm, Fine Resources, Inc. of Alabama, to expand the company's ability to source large volumes of end-of life electronics. Fine Resource's president and founder, Rick Fine, will join E-Waste as a consultant of global business development. Fine will be responsible for sourcing waste streams and aggregating downstream volumes of commodities for refining and reusing electronics and sourcing partnerships to help reach EWSI's goal of vertical integration, the companies said in a statement.…

FridayNov 11, 2011 8:17 am

Longhai Steel, Inc.‏ (ACTN) is “One to Watch”

Headquartered in Xingtai City, Hebei Province, China, Longhai Steel, Inc.‏ is a manufacturer of steel wire products in eastern China. The Company produces steel wire ranging from 6.5 mm to 10 mm in diameter on two wire production lines. These lines have a combined annual capacity of approximately 0.9 million metric tons annually. Longhai Steel sells their products to a number of distributors who transport the wire to nearby wire processing facilities. The Company's wire undergoes further processing by third party wire refiners into an array of products. These include nails, screws, and wire mesh for use in reinforced concrete…

FridayNov 11, 2011 8:04 am

White Smile Global, Inc. (WSML) Signs Distribution Agreement with Institut St. Paul

Yesterday, White Smile Global, Inc. announced that it has signed an agreement with cosmetics distributor Institut St. Paul. This agreement will see the distribution of the company’s new line of White Smile Premier At-Home LED Teeth Whitening System products. White Smile Global, located in Miami Beach, FL, is focused on producing oral health and teeth whitening products, with core products in the over-the-counter teeth whitening category. Institut St. Paul, based in Paris, France, is a cosmetics distributor, focused on delivering the highest-quality beauty products to a global customer base. Due to restrictions in the European Union on the amount of…

ThursdayNov 10, 2011 11:15 pm

Nutrastar International, Inc. (NIUN) Reports Positive 3rd Quarter Results

China-based producer and supplier of organic and specialty foods, Nutrastar International, Inc. announced record financial results for the third quarter of 2011. Some of the highlights for this quarter’s performance include a 47.9% increase in revenue to $9.56 million, a 39.4% gross profit increase to $7.36 million and $4.98 million in net income. Nutrastar also posted positive results for the nine-month period ending on September 30, 2011. During this period, revenues increased to $23.04 million, a 38% bump. Nutrastar also posted increased gross profit and net income, $17.74 million and $11.89 million, respectively. The company reported that these increases can…

ThursdayNov 10, 2011 4:28 pm

Aurizon (ARZ) Posts Q3 Strength: Record Revenue, 467 Rise in Profit

Aurizon, a gold producer focused on developing its projects in north-western Quebec, Canada, today posted its financial results for the third quarter of 2011. All figures are in Canadian dollars. The company reported record revenue of $68 million for the third quarter of this year, up 71 percent compared to $39.9 million in the comparable quarter of 2010. Net profit for the third quarter of 2011 was $13.1 million, or $0.08 per share, up 467 percent compared to $2.3 million, or $0.01 per share, reported in the third quarter of 2010. Aurizon posted gross profit of $38.4 million for third…

ThursdayNov 10, 2011 1:59 pm

Small Cap Voice: Greenlight Resources (PRZCF) Stakes the Shear Mine Gold Occurrence, Historic Assays 17.14 g/t Au, New Brunswick, Canada

Greenlight Resources is pleased to announce that the Company has acquired by staking a further 2,400 acres adjacent to its Otter Lake property in northern Charlotte County, New Brunswick. GreenLight previously announced an option agreement with Portage Minerals Inc. (CNSX:RKX) and Rockport Mining Corp. to acquire a 50% interest in the 4,160 acre Otter Lake property. The new staking increases GreenLight’s contiguous land position to 6,560 acres. The newly acquired lands which are 100% owned by GreenLight are situated 15 km east of the Mt. Pleasant Zn (zinc), In (Indium), W (tungsten), Mo (Molybdenum), Bi (Bismuth) deposit. Located on the…

ThursdayNov 10, 2011 1:58 pm

Small Cap Voice: Tootie Pie Company (TOOT) October Sales Up 31%

Tootie Pie Company, Inc. announced that its October 2011 sales were up 31% over October of 2010. This marks the 24th consecutive month of sales increases. “Coming on the heels of a 180% sales jump in September, I am particularly pleased to see good follow through on into October,” said Don Merrill, President & CEO. “November is already off to a very good start. Tootie Pie season is in full swing!” Tootie Pies were recently featured in ‘Every Day’ with Rachael Ray, Epicurious.com and the Food Network. Let us hear your thoughts below:

ThursdayNov 10, 2011 1:09 pm

Tucana Lithium Corp. (TUCA) is “One to Watch”

Tucana Lithium Corp. is a mineral exploration company that engages in the exploration of lithium properties in Canada. The Company formerly went by the name Oteegee Innovations, Inc. They changed their name to Tucana Lithium Corp. in May 2011. Founded in 2003, Tucana Lithium has their headquarters in Las Vegas, Nevada. Tucana has acquired a 100 percent interest in the Abigail property. This property is located in the James Bay region of Quebec, Canada. More specifically, it is located in the Nemaska area. The property consists of 222 map-designated cells totaling 11,844 ha or 118.5 squared km. This Abigail property…

ThursdayNov 10, 2011 12:47 pm

Penford Corp. (PENX) Solidifies Strong Position in Sector, Moves to Acquire Carolina Starches

Penford, known in the US as a leading supplier of specialty food ingredients developed by top minds in carbohydrate chemistry and for their wide range of chemically modified, specialty starch products consumed by the textile/paper sectors, recently reported entry into an agreement to acquire domestic modified starch/starch-blend producer Carolina Starches. CEO of PENX, Tom Malkoski, outlined the acquisition a bit, explaining that the purchase would encompass company interests, as well as certain assets of the business currently being operated by Carolina Starches, LLC and Keystone Starches, LLC. Malkoski underscored the supply chain logistics and operational efficiencies this would create for…

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