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The Markets
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The Markets
by Proactive
Proactive UK has moved.
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Mining

Decibel Cannabis Company stock climbs on a record December plus more daily small cap movers

Record Canadian monthly market share lifted shares of Decibel Cannabis Company Inc Monday plus other big percentage movers on news from the small and micro cap space

4:05pm: QcX Gold shares add to gains late afternoon

Decibel Cannabis Company closed up 13% at $0.175, while T Stamp shot up 48% to $0.96, Metal Energy finished unchanged at $0.07, and QcX Gold ended up 100% to $0.05.

11:30am: Decibel Cannabis, T Stamp shares make big gains

Decibel Cannabis Company Inc (TSXV:DB) shares jumped 13% to $0.175 on Monday after the cannabis producer announced another month of record market share in December 2022, achieving 6.7%, which places Decibel as the third largest LP in Canada by market share.

As well, shares of T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID) soared 102% to $1.31 as the provider of AI-powered trust and identity services told investors it has received a Notice of Allowance from the US Patent Office for its Privacy-First Identity Company trademark.

T Stamp noted that it launched its low-code Privacy-First Identity solution for banks and financial institutions in 2022 and is now seeing significant traction, with 22 banks with total assets exceeding $50 billion enrolled in paid pilot programs over the past three months.

READ: Trust Stamp receives Notice of Allowance from the US Patent and Trademark Office

Metal Energy Corp (TSXV:MERG), meanwhile, reported assay results from three drill holes on the same section of the Phase Two drill program on its high-grade nickel and copper-cobalt Manibridge project in Manitoba's Thompson nickel belt, which included 85.3 metres of 0.67% nickel equivalent. Metal Energy stock moved up 14% to $0.08 following the announcement.

And, QcX Gold Corp (TSX-V:QCX) shares rose 40% to $0.035 on Monday after the junior explorer announced that it has received assays results from the 51 grab samples collected from the Kali East Block of its Golden Giant Project located in the James Bay region of Québec, noting that lithium potential was identified on the property after the discovery of pegmatitic boulders scattered across the Kali claims during the field program.

Contact Sean at sean@proactiveinvestors.com

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