Penny Stock Movers: COLORADO RES LTD COM NPV (CLASF), Rise Gold Corp (RYES), LICO ENERGY METALS COM NPV (WCTXF)

COLORADO RES LTD COM NPV (OTCMKTS:CLASF) reported the plunge of -3.11% and closed at $0.321, with the total traded volume of 60,940.00 shares. During last trade its minimum price was $0.31 and it gained its highest price of $0.35 and has a total of 98.52 million outstanding shares.

COLORADO RES LTD COM NPV (OTCMKTS:CLASF), an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for gold and copper deposits. Its properties primarily include the North Rok, Kingpin, Hit, and Heart Peaks properties located in British Columbia. The company was incorporated in 2009 and is based in West Kelowna, Canada.

Rise Gold Corp (OTCMKTS:RYES) reported the decline of -2.90%, after closing price for the day was $0.134. Its total trading volume for the day was 163,000.00 shares, versus its average volume of 92,387.00 shares. Its earnings per share are -$0.06.

Rise Gold Corp (OTCMKTS:RYES) on August 25, 2017 announced a non-brokered private placement of up to 24,000,000 units at a price of CDN$0.15 per unit for gross proceeds of up to approximately CDN$3,600,000 (the “Private Placement”). Each unit will consist of one share of the Company’s common stock and one non-transferable share purchase warrant exercisable into one additional share of common stock at a price of $0.25 per share for a period of two years from the date of issuance. All securities issued pursuant to the Private Placement will be subject to statutory hold periods in accordance with applicable United States and Canadian securities laws, including a minimum six-month U.S. hold period. The Company expects to use the proceeds from the Private Placement for the advancement of the Idaho-Maryland Gold Project. The Company may pay finder’s fees to eligible persons in accordance with applicable securities laws and regulatory policies.

The securities offered have not been registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold absent registration or compliance with an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws.




LICO ENERGY METALS COM NPV (OTCMKTS:WCTXF) showing jumped of +2.50% and closed at $0.0820, after gaining total volume of 180,750.00 shares. Its earnings per share (EPS) is -$0.07 and has total market capitalization of $8.53 million and a total of 106.68 million outstanding shares.

LICO ENERGY METALS COM NPV (OTCMKTS:WCTXF) on July 5, 2017 announced the positive results demonstrated in the technical report on the TEM geophysical survey recently conducted over the Purickuta Project located within the Salar de Atacama, Chile. The Transient Electromagnetic Method (TEM) geophysical survey report (June, 2017) prepared by Geodatos Chile states the following:

“Beneath the surface crust (up to 14m thick) is detected a conductive unit with values of Resistivity less than 1 ohm-m, which are interpreted as brines, divided into two sub units:

High conductivity saturated unit (0.4 and 0.9 ohm-m), the thickness of this layer varies between 6.3m and 22m and;

Very high conductivity saturated unit (02 to 0.4 Ohm-m) this layer is detected at two depths, the first under the saline crust, with thickness of 3 and 7m, then again under the unit of high conductivity with a greater thickness of 100m, not detecting the floor of this stratum,” (meaning beyond the detective depth capacity of the TEM survey).

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