TSXV Stock Gainers Watchlist

Every morning, thousands upon thousands of investors flock to the TSV Venture Exchange to track the stocks that might have been in action. The week started off with many stocks coming into focus among investors and clocking strong gains. This feature would provide you with a quick look into five stocks that had made strong gains.

POET Technologies Inc. (TSXV:PTK) Following a key announcement from the company yesterday, the stock experienced some heavy trading and ended up clocking gains of 18%. POET Technologies Inc., which is best known for developing the POET Optical InterposerTM and Photonic Integrated Circuits (PICs), announced yesterday that it had made an additional C$10 million private placement to the LIFE Offering. The LIFE offering was announced earlier yesterday. The additional private placement would see the offering of 3448275 units in POET Technologies for the price of C$2.90 each, which worked out to a discount of 15% from the closing price of the stock on April 26, 2024.

Critical Elements Lithium Corporation (TSX-V:CRE) (OTCQX:CRECF) The company experienced significant attention from investors yesterday, and the stock delivered gains of 13% amidst strong interest. On April 22, Critical Elements Lithium Corporation made an announcement about the latest results from the 3670-meter, 31-hole drilling program that had been concluded at its Rose Water Discovery. The company owns the property 100%. The company announced that the drilling program had revealed a number of additional lithium-wide intercepts. The continuity of the mineralized pegmatite zone spanned across 370 meters of down dip, 140 meters of vertical depth, and 450 meters of strike.

Standard Lithium Ltd. (TSXV:SLI) (NYSE American:SLI) After the stock ended up with gains of 10% yesterday, the company is expected to be on the radar of investors this morning. Standard Lithium Ltd., a near-commercial lithium development leader, announced on April 24 that it had been successful in commissioning and validating the performance of the biggest continuously operating DLE (direct lithium extraction) equipment on the North American continent. Recently, Standard Lithium also revealed that it installed a DLE column of commercial scale at the company’s demonstration plant, located not too far away from El Dorado, Arkansas.

Sintana Energy Inc. (TSX-V: SEI) (OTCQB: SEUSF) While there was no news about the company yesterday, the stock remained in focus nonetheless and ended up with gains of 10%. On April 24, Sintana Energy Inc. announced that it had entered into a definitive agreement with the Namibian company Crown Energy Pty Ltd. to pick up 67% of the outstanding and issued shares of Giraffe Energy Investments Ltd. from Crown Energy. In the news release, it was noted that the acquisition helped Sintana Energy with a promising entry into the potentially lucrative license with considerable upside.

Orogen Royalties Inc. (TSXV:OGN) (OTCQX:OGNRF) Following the announcement on April 25, the stock experienced strong momentum yesterday and went up by 9% for the day. Last week, Orogen Royalties Inc. announced that Altius Minerals Corporation had raised its ownership stake in the company. That was affected after Altius decided to exercise its 7115545 common share purchase warrants to acquire an equal number of Orogen Royalties common shares for $0.4017. The company received a total of $2858314 for the warrant exercise.