Agoracom Blog

AGORACOM Small-Cap TV – 5 Great Press Releases At The Open (May 1st)

Posted by AGORACOM at 12:42 AM on Friday, May 2nd, 2008

Good morning to you all. Please find enclosed a summary of the great small-cap and micro-cap press releases we highlighted on our TV show this morning. It’s May 1st and we’ve found 5 great press release from both sides of the border to report on at the open. Another great day for the small-cap and micro-cap world.

You can watch AGORACOM TV right from our home page , or our archive where you can see or search all of our previous shows.

If you are new to the show, it is a daily, fast-paced, edgy report that we put out at or before the open everyday that strictly reports on the best small cap and micro cap press releases of the day in 3-5 minutes. You can watch the show by going to AGORACOM every morning.

Our daily show focuses on content over form so that you can get profitable information into your hands as fast as possible. The same holds true for these blog entries where I simply cut and paste my TV notes for your benefit, without any editing.

If you have any material information pertaining to any of today’s companies, be sure to share your knowledge by posting your comments for everyone to see.

As always, don’t forget to visit the AGORACOM Marketplace where we list compelling summaries for over 85 great small-cap companies that you can sort by exchange and industry to suit your personal investing tastes.

Now, onto our show notes for the day.

Active Control Technology Inc. (TSX-V:ACT)

installs first commercial activemine system at West Virginia coal mine

Deployment of wireless Wi-Fi communications system heralds new era of mine safety and productivity

announced today that it has sold and installed its first commercial deployment of ActiveMine(TM), the company’s two-way wireless Wi-Fi communications and tracking system, at an underground coal mine in West Virginia.

An existing customer issued a new purchase order to install a basic communications system in a newly opened mine so that the mine would be compliant with mine safety regulations for communication. The system has been in operation for a full month now and will be invoiced next week.

The system will be invoiced at $125,000 and represents 20 percent of the estimated lifetime revenue of this mine plan for the ActiveMine system which would total up to $625,000.

This initial order reflects the new mine’s size at present, as it is operating with one active face at 1,500 feet underground. The mine plan calls for at least two active faces and several miles of

underground entries. As the mine face advances, further revenues will be generated as additional ActiveMine nodes are added to extend the underground Wi-Fi network.

This installation marks a major milestone not only for Active Control, but also for underground coal mine safety and productivity,” said Steve Barrett, President and CEO, Active Control.

About ActiveMine

ActiveMine’s communications, data and tracking system enables monitoring of production, personnel and equipment in all types of surface and underground mining environments, including coal and base metal mines.



Tirex Resources Ltd. (TSX VENTURE:TXX)

Intersects 60 Metres of Strong Mineralization Including

3.7 Metres of 2.4% Copper,

33.2% Zinc,

1.1% Lead,

172g/t Silver and

8.6g/t Gold

assay results from the second and third drill holes on the company’s Mirdita Project in Albania.

following up the first drill hole at Koshaj which intersected a wide zone of high grade mineralization (see Tirex news release dated March 3, 2008).

Like the first drill hole, this mineralizing system continues to demonstrate its ability to generate very high grade mineralization (33.2% Zinc was encountered in the intercept of 3.7m) and significant gold values.

Summary of results from drill holes MR08-02 and MR08-03 are in the PR.

Bryan Slusarchuk, CEO, states, “Today’s excellent assay results over 60 metres of core length are further confirmation of the potential of the Mirdita District and I, again, congratulate our technical team on these results. After we drill an initial nine holes at Koshaj, we will move the first drill three kilometres to the Gurthi South Zone while awaiting Koshaj assays. The first drill will continue to test areas of known mineralization whereas the second drill is dedicated to drilling previously undrilled geophysical targets. We believe that the Mirdita District is a potentially world class VMS District and that by aggressively using modern exploration methods we can rapidly begin to prove that potential.”

3.04 (52 week low of .90)


Pyng Medical Corp. (TSX VENTURE:PYT)

Receives US FDA and Health Canada Clearance for Expanded Use of FAST1TM

today announced it has received regulatory clearance from both the US Food and Drug Administration (FDA) and Health Canada to market its FAST1TM Intraosseous (IO) Infusion System for use in adolescent populations, in addition to adults throughout the US and Canada, effective immediately.

also cleared for adolescent and adult use in the European Union (EU) through its’ CE Mark.

FAST1TM is the most rapid, reliable and safe alternative to conventional IV infusion providing lifesaving vascular access for fluid and drug resuscitation in shock and trauma victims.

We’ve enjoyed considerable success commercializing FAST1TM for use on adult populations internationally, with six consecutive quarters of strong sustained growth in revenue from product sales and profitability. As a result of the expanded market clearance in the US, Canada and Europe, we now look forward to providing life-saving technology to assist a broader demographic population ranging from 12 years of age through adulthood,” said David Christie, President and Chief Executive Officer.FAST1TM is now the only single IO product cleared for use in both adolescents and adults increasing the size of our markets and providing greater access for young people in their teenage years to Pyng’s award-winning emergency medical technology.”



Freewest Resources (FWR: TSXV)

Freewest and Rockport Continue to Expand Deep Zone and Intersect 17.25 g/t Gold Over 5 Metres in New Zone, at Clarence Stream, New Brunswick

  • additional diamond drilling completed on the Clarence Stream gold property
  • Management is further encouraged by the resource expansion of the Deep Zone and by the discovery of the New Zone which returned 17.25 g/t Au over a width of 5.00 metres
  • continued drilling of both zones along strike and to depth should significantly add to the gold mineral resource at Clarence Stream, a prime goal of the 2008 drilling campaign.
  • planned drilling will continue to test the mineralized trend along it’s 15 km length in areas such as the East Zone where previous shallow drilling encountered mineralization grading 12.51 g/t Au over a width of 3.0 metres (CS07-246) and 12.45 g/t Au over 4.5 metres (CS07-240).

Last 0.305

52 week high – low


**DISCLOSURE: Freewest Is An AGORACOM Client. Visit Their HUB Here.


Andean American Mining Corp. (TSX VENTURE:AAG)

Intersects 7.15 Metres Grading 3.82 g/t Gold in Step Out Drilling at the Invicta Project, Peru

-Reports additional results from step out drilling on the Atenea Structure at its Invicta Property in Peru.

-Holes AE-DDH-08-114 and AE-DDH-08-119 were drilled approximately 150 metres to the east of recently reported Holes AE-DDH-08-113 and AS-DDH-08-115

-The four recent intersections in the eastern extension of the Atenea Structure indicate that there is potential for significant resources along this under explored portion of the structure.

Drill Hole AE-DDH-08-114 intersected:

202.35 - 209.50       7.15      3.82      8.6   0.10   0.37   0.62
Last Sale: 0.55
52 Week Range: 0.48 - 0.91

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