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A computer screen displaying stock information is reflected in the window of a booth where a broker is monitoring the markets at Karachi's Stock Exchange Feb. 6, 2012. (AKHTAR SOOMRO/AKHTAR SOOMRO/REUTERS)
A computer screen displaying stock information is reflected in the window of a booth where a broker is monitoring the markets at Karachi's Stock Exchange Feb. 6, 2012. (AKHTAR SOOMRO/AKHTAR SOOMRO/REUTERS)

Midnight Trader

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Frontier Rare Earths Ltd. reported assay results today from resource drilling programme at its Zandkopsdrift rare earth project. Results confirm extensive high grade rare earth mineralisation from surface and support the significant economic potential of Zandkopsdrift.

Intermap Technologies announced today that five telecommunications companies have now become customers of its partnership with Mentum, a wireless access and backhaul network planning company. IMP has touched year low 15 cents yesterday.

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Brookemont Capital Inc. announced today that it has increased the acreage on its Gaspe Bay Aluminous Clay/ Rare Earth prospect. It has increase from 2,234 contiguous hectares to approximately 7,600 contiguous hectares. The new acreage was acquired via Gestim.

Thompson Creek Metals Company provided an update on slough at its Thompson Creek Mine and production at its Endako Mine.

Premier Gold Mines announced encouraging drill results from an initial drill program at the Helen Zone on the company's Cove Gold Project, located in the Eureka-Battle Mountain Trend in Nevada.

EXFO Inc., which fell more than 2 per cent and closer to a year low $5.25 on Thursday, reported IFRS net loss in the third quarter of fiscal 2012 totaled $3.9-million (U.S.), or $0.06 per share, compared to net earnings of $1.8-million, or $0.03 per diluted share, in the same period last year.

Madalena Ventures Inc., which fell more than 7 per cent and hit year lows on Thursday, provided an update on its operations in Argentina.

Sprott Power Corp. announced that it submitted bids for approximately 45 megawatts of projects to the Nova Scotia Renewable Energy Administrator pursuant to its renewable energy tender program.

Run of River Power Inc., together with its wholly-owned subsidiary Sea to Sky Power Corporation, and Concord Green Energy, announced that the 25 megawatt Skookum Power Project has received a Conditional Water License and a License of Occupation from the BC Ministry of Forests, Lands and Natural Resource Operations for a $92-million project.

Freeport Resources Inc., which rose 10 per cent yesterday, announced the appointment of Martin MacKinnon as the company's new chief financial officer.

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