5 Stock Gainers on TSX Venture

The TSX Venture Exchange remains one of the more popular stock exchanges, and every day there is frenetic trading on a large number of stocks. On Monday, there were a number of stocks that had made notable upward moves. Here is a closer look at five of the biggest movers on the exchange from yesterday.

Regulus Resources Inc. (TSXV:REG) (OTCQX:RGLSF) On Monday, the company was in sharp focus among investors and ended up with gains of 20% amidst strong interest. On November 7, 2023, Regulus Resources Inc. announced that it had successfully delivered samples to the Rio Tinto venture Nuton LLC so as to commence the phase two metallurgical program.

In phase one of the of the metallurgical program, it was determined that the AnkaKori-based mineralization was amenable to the sulfide leaching technologies from Nuton. The second phase of the program had been designed for the purpose of expanding the results from phase one.

Oroco Resources Corp. (TSX-V: OCO) (OTC: ORRCF) The company’s stock was in sharp focus yesterday and ended the day with gains of 21%. On February 20, Oroco Resources Corp. announced that it had closed the non-brokered private placement that helped generate net proceeds to the tune of $1,028,000.

The company revealed that it had sold 2,570,000 units for $0.40 each. Each unit was made up of one common share and one share purchase warrant. A holder of a share purchase warrant would be able to pick up an Oroco Resources Corp. common share for $0.65 up until 18 months since the date of closing.

Northisle Copper and Gold Inc. (TSX-V: NCX): On March 18, it was one of the more notable movers as its stock clocked gains of 6%. The momentum was sparked by the announcement from Northisle Copper and Gold Inc. about the exercise of warrants by Pierre Beaudoin and Michael Gentile.

The company revealed that in total, 5048000 warrants that had been issued on December 17, 2021, had been exercised to generate gross proceeds to the tune of $1413440. The proceeds would be used for the development of the North Island project.

Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) The company came into sharp focus on Monday and ended up being a notable mover as its stock delivered gains of 6%. On March 4, Kraken Robotics Inc. announced that Kraken Robotic Systems Inc. had inked a cooperative research and development agreement with the Naval Undersea Warfare Center Division, Newport.

The aim of the agreement was to have joint research on advanced signal processing techniques for the present as well as future versions of the synthetic aperture sonar sensor technologies.

Arch Biopartners Inc. (TSXV:ARCH) (OTCQB:ACHFF) Following a major announcement from the company on Monday, the stock went on a strong rally and delivered gains of 13%. Arch Biopartners Inc. announced that it had been successful in publishing a peer-reviewed paper in the renowned British Medical Journal Open. In the paper, the details of the results from the Phase II human trial for the LSALT peptide were published. The paper provided details about the clinical highlights, biomarker results, and outcomes of the study.