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(BRENDAN MCDERMID/Brendan McDermid/Reuters)
(BRENDAN MCDERMID/Brendan McDermid/Reuters)

Midnight Trader

Today's small-cap stocks to watch Add to ...

Brazilian Gold Corp. , which was close to year lows yesterday, announced today the completion of the Phase One drill program on its wholly-owned Batistao project.

Coalspur Mines Ltd. , which gained 8 per cent in moving away from a near year low of $1.06 on Tuesday, announced the appointment of Gill Winckler as managing director and chief executive officer and a member of the board, effective July 1, 2012, following the resignation of Gene Wusaty.

Amaya Gaming Group Inc. reported a first-quarter net loss of $4.56-million compared to a net loss of $1.82-million in the year earlier period. Basic earnings (loss) per share was $0.09 compared to $0.05. Amaya also proposed a $100-million private placement of common shares at a price of $4.05 per share.

Indigo Books & Music Inc. said revenue for the fourth quarter was $196-million, down $4-million from the previous year due to lower physical book sales, which were partially offset by the growth in the digital, gift, lifestyle and toy businesses. Net earnings attributable to shareholders of the company for the quarter were $132-million compared to a net loss of $19-million last year.

Patagonia Gold Plc. announced an update on its Lomada de Leiva operations in Argentina.

Cascades Inc. , which lost more than 2 per cent yesterday, announced that due to a vote by a significant majority of employees in favour of its final offer, it will not proceed with the closure of its containerboard mill located in Trenton, Ontario, as planned and announced last April.

49 North Resources Inc. , which is trading near a year low of $2.50, provided an update on the Riverside properties owned through Allstar Energy Ltd., a 100 per cent-owned subsidiary of 49 North.

Freegold Ventures Ltd. , which lost 5 per cent and fell closer to a year low 50 cents on Tuesday, said it intersected 96 metres grading 0.79 g/t Au at its Golden Summit Project in Alaska.

MEGA Brands Inc. and Activision Publishing Inc., a wholly owned subsidiary of Activision Blizzard Inc. , announced today that they have entered into a multi-year, global licensing partnership.

Marathon Gold Corp. announced that it hit further encouraging gold intercepts from this year's drilling program at the Golden Chest Mine in Murray, Idaho, including 3.6 meters of 10.8 g/t gold in drill hole GC 12-120T.

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