May 4, 2009 (Baystreet.ca) --
MISSISSAUGA, ON, May 4, 2009 -- AllPennyStocks.com Media,
Inc. (http://www.AllPennyStocks.com),
a leading penny stock / small-cap information site, released its May 4th Canadian
Penny Stock Movers.
Canadian Penny Stocks in Play:
Kaminak Gold Corp.: announced that it has acquired an option to acquire a 100% interest in three highly prospective gold properties located approximately 120 km south of Dawson City, Yukon. The Coffee, Cream and Kirkman properties total 7,680 hectares and are located in the newly recognized "White" gold district in the west-central Yukon. The primary target on all three properties is a near surface, bulk tonnage gold deposit analogous to Underworld Resources Inc.'s newly discovered White Project, which is located only 8 km from Kaminak's Kirkman property and 27 km from Kaminak's Coffee and Cream properties. In 2008, Underworld drilled 18.1m grading 4.35 g/t Au and 50.7m grading 3.1 g/t Au revealing a new mineralized gold system.
Kaminak Gold Corp. (TSX-Venture: KAM) closed up $0.055 at $0.18 or 44% on the acquisition announcement.
Bayswater Uranium Corp.: announced that it has completed the sale of its wholly owned subsidiary, Tuscany Minerals s.r.l., to Coltstar Ventures Inc., a Tier 2 Mining Issuer listed on the TSX Venture Exchange. The Company sold Tuscany for 1,000,000 common shares of Coltstar and $50,000 in cash and promissory notes for $200,000 to be paid over 12 months.
Bayswater Uranium Corp. (TSX-Venture: BAY) closed up $0.045 at $0.24 or 23%, while Coltstar Ventures Inc. (TSX-Venture: CTR) closed up $0.125 at $0.25 or 100% on the completed sale announcement.
To read these and other Canadian Penny Stocks in Play every weekday, investors are encouraged to click on the link located here: http://www.allpennystocks.com/aps_ca/stocksinplay.aspx.
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Newstex ID: 34646178
