The midweek action continued to be quite frenetic on the TSX Venture Exchange, and there were a number of stocks that ended up making strong gains. This feature would provide you with a closer look into five stocks that made notable gains yesterday and may be worth adding to the watch lists for the rest of the week.
Brunswick Exploration Inc. (TSX-V: BRW) (OTCQB: BRWXF)Â On April 10, the company had come into sharp focus in light of its announcement the day before, and the stock clocked gains of 11% amidst strong interest. Brunswick Exploration Inc. announced on April 9 that it had inked an agreement to buy back an existing 0.5% NSR on some of the claims at the Mirage Project from Sirios Resources.
The project is situated in the Eeyou Istchee James Bay area of Quebec. It was further noted that Brunswick Exploration Management was looking forward to the imminent release of the first wave of results from its 2024 winter campaign.
First Hydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF)Â The company had come on the radars of investors on Wednesday, and that led to a strong rally in the stock, which clocked gains of 10.50% for the day. On April 3, First Hydrogen Corp. provided an update with regards to certain corporate developments in the first fiscal quarter of 2024.
The company revealed that its hydrogen-powered fuel cell light commercial vehicle (FCEV) had competed in a successful trial with WWU (Wales and West Utilities). The company also revealed that it was working with a number of fleet operators to raise the number of FCEVs or convert existing vehicles to FCEVs.
Blackrock Silver Corp. (TSXV: FHYD) (OTC Pink: FHYDF)Â The company announced on March 25 that it granted a total of 469811 performance share units (PSUs), 150944 deferred share units (DSUs), and 954797 stock options to some directors, management, and consultants of both the company and its Nevada subsidiary. Blackrock Silver Corp. noted that the grants had been in line with the Omnibus Equity Incentive Compensation Plan of the company. The Blackrock Silver Corp. stock had been in action yesterday and managed to deliver gains of 9% amidst strong interest.
Coelacanth Energy Inc. (TSXV: CEI)Â The company announced on March 15 that its board of directors had approved the grant of incentive stock options to some of its directors and officers. The grant had been made by Coelacanth Energy Inc. under its stock option plan.
The stock options had been for the acquisition of 3,885,634 common shares, and the restricted share units would enable the acquisition of 1942,816 common shares. Some of the employees and consultants had also been granted an aggregate of 1,351,333 options and 645,667 restricted share units. The stock gained 9% yesterday.
Robex Resources Inc. (TSXV: RBX)Â On March 28, the company announced that its board of directors had approved the implementation of a move to consolidate the issued and outstanding shares of the company. The move had been approved by the Robex Resources Inc. shareholders on June 29, 2023. Following the move, ten pre-consolidation shares would be turned into one post-consolidation share. The company announced at the time that the move would go into effect on April 1, 2024. Robex Resources stock went up by 9% yesterday.