Top Stock Gainers on TSXV

There are not many exchanges that can match the sort of frenetic activity that is seen on the TSX Venture Exchange on a daily basis, and every week, plenty of investors flock to the exchange to discover the latest stocks to track. This feature would provide you with a quick look at five of the major gainers on the exchange this past Friday.

POET Technologies Inc. (TSXV: PTK) (NASDAQ: POET) The company had been in considerable focus last Friday as its stock went on a remarkable rally and ended up with gains of as much as 27%. POET Technologies Inc., which is best known for the development of the POET Optical InterposerTM and Photonic Integrated Circuits (PICs), announced on April 17 that it had boosted its investor outreach initiatives. The company announced at the time that it had hired the services of Hybrid Financial Ltd. to connect POET Technologies with tech investors from the Hybrid database. Secondly, the company revealed that it had retained the services of the independent contractor LFG, which would provide the company with digital marketing services.

Colonial Coal International Corp. (TSXV:CAD) While there was no news about the company last week, the stock was in action this past Friday and clocked gains of 24% amidst heavy interest. On March 21, 2015, Colonial Coal International Corp. announced that it had completed the acquisition of Tuya Energy Inc. The acquisition was completed through the acquisition of all the issued and outstanding shares of Tuya Energy by a fully owned subsidiary unit of Colonial Coal International. The shareholders of both companies had approved the transaction in separate shareholders’ meetings held on March 19, 2015.

Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) The company’s stock had been one of the notable movers on April 26 after it delivered gains of 19% for the day. On April 4, Omai Gold Mines Corp. was in the news cycle after it announced the PEA (preliminary economic announcement) for one of its two gold projects at the 100% owned Guyana-based Omai Property named Wenot Project. It was noted that the PEA supported the initial open pit mining scenario for the production of as much as 14,2000 metric tons of gold a year over a period of 13 years of mine life. The peak production had been pegged at 184,000 ounces.

Critical Elements Lithium Corporation (TSX-V:CRE) (OTCQX:CRECF) The 17% rally in the stock last Friday could make it one of the stocks to follow this morning. On April 22, Critical Elements Lithium Corporation announced the latest drill results from the 31-hole, 3670-meter drill initiative at its Rose Water Discovery. The 100% owned property is known for a number of wide intersections bearing lithium-rich pegmatites. The mineralized pegmatite body extended more than 450 meters in strike, 140 meters in vertical depth, and 370 meters in terms of down depth.

Premium Nickel Resources Ltd. (TSXV: PNRL) (OTCQX: PNRLF) On April 26, it emerged as one of the major movers as the stock ended up with gains of 12% amidst strong interest. On April 17, Premium Nickel Resources Ltd. reported more assay results from the drilling at the nickel-copper-cobalt sulfide Selebi North mine in Botswana. The results revealed that there was more mineralization outside of the resources that had already been discovered at the past-producing mine.