12:50pm: Jackpot Digital, Enghouse Systems shares jump
Jackpot Digital Inc (TSXV:JJ) shares shot up 31% to $0.085, on volume of more than 1.1 million shares, Friday after the electronic table games manufacturer announced that it has signed a Master Services Agreement with PENN Entertainment Inc., the largest regional gaming operator in the US.
Jackpot noted the agreement sets the terms for all future installations of the company’s Jackpot Blitz ETGs into PENN’s casino gaming facilities located throughout North America on the basis of Jackpot earning a share of revenues from each Jackpot Blitz installation on a recurring monthly basis.
As well, shares of Enghouse Systems Limited (TSX:ENGH) gained 10% to $35.01 as the provider of enterprise software solutions topped analyst expectations with its fourth-quarter net income of $36.9 million, up from $30.2 million during the same period last year.
Ximen Mining Corp (TSXV:XIM), meanwhile, told investors that a draft permit from British Columbia’s Ministry of Energy, Mines and Low-Carbon Innovation for its Kenville Gold Mine is now complete and is expected any day, while a draft permit from the Ministry of Environment has also been prepared. Ximen Mining stock moved up 33% to $0.06 following the announcement.
READ: Ximen Mining says permits for Kenville Gold Mine expected any day
And, Infinity Stone Ventures Corp (CSE:GEMS) shares rose 9% to $0.29 on Friday after the company said it has closed a new fundraising round designed to advance work on its critical energy metals portfolio in Canada, raising gross proceeds of $500,000.
Contact Sean at sean@proactiveinvestors.com
