Wescan Goldfields Inc.TSXV: WGF

Small Cap stocks on the move

Oct. 29, 2010 (Baystreet.ca) --

TORONTO, Canada: In tracking the small cap stock universe for Thursday, October 28, 2010, Ubika Research found that the top 10 small cap stock gainers from each of the listed sectors performed as follows:

Metals & Mining stocks: + 30%

Gold stocks: + 28%

Oil & Gas stocks: +21%

Technology stocks: +14%

Clean Tech stocks: + 9%.

The individual top penny stock gainers were as follows:

• Metals & Mining: Wescan Goldfields Inc (TSX VENTURE: WGF) (CVE: WGF) with a 44% gain

• Junior Gold Stock: Upper Canada Gold Corp (TSX VENTURE: UCC) (CVE: UCC) with a 34% gain

• Oil & Gas: Transeuro Energy Corp. (TSX VENTURE: TSU) (CVE: TSU) with a 27% gain

• Junior Tech: Empower Technologies Corporation (TSX VENTURE: EPT) (CVE: EPT) with a 22% gain

• Junior Clean Tech Stock: ERA Carbon Offests Ltd (TSX VENTURE: ESR) (CVE: ESR) with a 13% gain

To find the complete list of the top 10 gainers (updated daily) in junior small cap metals & mining, oil & gas, gold, clean tech and technology sectors for Thursday, October 28, 2010 visit “SmallCapPower Box Score” section at: http://www.smallcappower.com/stockOnRise.aspx#metals_mining

Ubika Research has reports on over 30 interesting junior resource companies available at www.smallcappower.com. The Ubika Research “Resource Stock of the Week” series has outperformed the TSX Venture Index by 30% (as of Sept 30, 2010).

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About Ubika Research

Ubika Research is an investment research and capital market services firm based in Toronto and Vancouver. It provides comprehensive research, communication and capital market exposure program to highlight the investment potential in micro and small cap companies. For more information visit www.ubikaresearch.com

Disclosure

Except for the historical information presented herein, matters discussed in this document contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements.

Ubika Research and www.smallcappower.com (are both divisions of Ubika Corporation), and are not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this report. For making specific investment decisions, readers should seek their own advice. For full disclosure please visit: http://smallcappower.com/disclosure.aspx

For additional information contact:

Vishy Karamadam, Managing Director

Email: vishy@ubikacorp.com

Phone: 647-352-0666