As the trading week came to a close on Friday, investors were still on the lookout for stocks that they could look into. One of the best ways of discovering new stocks is to look into the news and then figure out if the news associated with a company could move the stock one way or another. This article is going to provide you with a quick look into some of the stocks that had been in the news on Friday and provide a brief overview of the sort of developments that brought them to the news cycle.
Houston Natural Resources Corp (OTCMKTS:HNRC) – Yesterday, Houston Natural Resources Corp was in focus among investors after it announced that it had taken up a 40% stake in Rhino Energy Pty Ltd. It could well prove to be a significant acquisition for Houston Natural Resources Corp in the larger scheme of things.
Rhino Energy is based out of Australia but its focus is on the development of oil and gas projects in North America. Additionally, the company also boasts a highly seasoned management team with vast experience in the oil and gas industry.
Canadian Critical Minerals Inc (OTCQB: RIINF) (CCMI.V) – Canadian Critical Minerals Inc came into focus after it announced that it had signed a trial with MineSense Technologies Ltd for ore characterization and sorting. The work would be conducted on the company’s current stockpile at the Bull River Mine project located near Cranbrook in British Columbia.
MindSense offers a ShovelSense system that can be attached to the equipment and that can then be used to analyze the grading of the materials. It may be a good idea for investors to keep an eye on the company’s stock on Monday.
Pressure Biosciences Inc (OTCMKTS:PBIO) – Earlier in the week on March 28 Pressure Biosciences Inc announced that it along with its subsidiary unit PBI Agrochem Inc, managed to hit a major milestone. The company announced that it had shipped and also billed as much as $130000 worth of orders for its environmentally-responsible nematode control offering.
Defense Technologies International Corp (OTCMKTS:DTII) – Defense Technologies International Corp along with its subsidiary unit Passive Security Scan Inc provided a presentation of the market potential of the two companies. The main announcement was with regards to the Passive Portal, which is offered by Passive Security Scan. The portal is patented and is the only Walk-Through Weapons Detection Scanner with no radiation in the market.