Notable Stock Gainers on TSXV

As the trading week comes to a close, the enthusiasm among investors for the TSX Venture Exchange stocks is expected to be as strong as ever. Most investors would possibly look into the stocks that had clocked notable gains yesterday. This feature would provide you with a quick look at five stocks that could be worth tracking.

Reconnaissance Energy Africa Ltd. (TSXV: RECO) (OTCQX: RECAF) The company had been in prime focus on Thursday, and the stock ended up clocking gains of 18% amidst considerable interest. On April 18, Reconnaissance Energy Africa Ltd. provided an operations update with regards to its activities pertaining to the Petroleum Exploration License 73. The company noted that following its upgraded deal financing round, it would be possible for Reconnaissance Energy Africa to start the drilling activities at the Naingopo exploration well at the Damara Fold Belt. It was also revealed that the company had already started the important civil work related to the construction of an access road to the well site.

Wealth Minerals Ltd. (TSXV: WML) (OTCQB: WMLLF) Although the company was not in the news cycle yesterday, the stock generated considerable interest and clocked gains of 16% for the day. However, on March 1, Wealth Minerals Ltd. provided a key operations update. It was announced at the time that the company was going to be the host at booth number 3141 at the Prospectors & Developers Association of Canada. The event, described as the world’s biggest mining conference, was held in Toronto, Canada, from March 3 to March 6. The company stated at the time that its management was going to be present at the booth.

Sintana Energy Inc. (TSX-V: SEI) (OTCQB: SEUSF) The company continued to be on the radars of investors yesterday as its stock rallied strongly and delivered gains of 15%. On March 14, Sintana Energy Inc. announced an update pertaining to the exploration activities at the 2813A and 2814B blocks located in Orange Basin, Namibia, regarded as one of the most promising oil and gas regions in the world. The company revealed that the drilling encountered a major column of light oil in high-quality reservoirs. It was noted that the discovery was a testament to the hard work and dedication of the Sintana Energy team.

Thesis Gold Inc. (TSXV: TAU) (OTCQX: THSGF) On March 12, the company announced all of the remaining assay results from its drilling program for 2024 at the Ranch Project. Thesis Gold, Inc. owns the project in its entirety. In the news release, the company announced that the step-out drilling at the Bingo Zone at the project intersected 20 meters of 8.46 g/t gold, 1.72% copper, and 36.96 g/t silver. Yesterday, Thesis Gold had been in focus and ended the day with 4.50% gains.

Rusaro Mining Ltd. (TSXV: RML) On April 17, the company revealed that it had retained the services of Rothschild & Co. as its financial advisor and Kirkland & Ellis LLP, in addition to existing legal counsel DLA Piper LLP, as its legal counsel. Rusaro Mining Ltd. noted that these entities would provide the company with their expertise to help maximize the value in relation to its United States judgment in the PDVSA sale process. On April 18, the stock rallied by 3%.