TSX Venture Top Percentage Gainers: (SSN-PA), (AIR), (XL), (SSN)
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Visit: Stetson Oil & Gas Ltd.
New York, New York - March 4, 2013 (www.investorideas.com newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector research for independent investors reports on the top percentage gainers on the TSX Venture for March 4th, 2013.
Stetson Oil & Gas Ltd. PREFERRE (TSXV:SSN-PA) trading at $0.025 showed a gain of $0.020 or 400.00% on a high volume of 1,027,000 shares, making it today's top percentage gainer on the TSX Venture.
Cleanfield Alternative Energy Inc., (TSXV:AIR) trading at $0.010 rose by $0.005 or 100.00% on a volume of 25,000 shares.
XXL Emergy Corp., (TSXV:XL) trading at $0.120 moved up $0.055 or 84.62% on a light volume of 2,000 shares.
Stetson Oil and Gas Ltd., (TSXV:SSN) trading at $0.140 gained $0.050 or 55.56% on a volume of 484,619 shares.
Stetson Oil & Gas Ltd. has received the decision of the Ontario Superior Court of Justice that Thomas Weisel Partners Canada Inc. breached its bought deal engagement letter with Stetson dated July 13, 2008. To compensate Stetson for the damages caused by the 2008 failed bought deal financing, the court has ordered Weisel to pay Stetson damages of $16,042,669 plus interest and costs incurred by Stetson in connection with this litigation.
Stetson sincerely thanked Bill Burden and his team at Cassels, Brock & Blackwell LLP for their dedication and strong advocacy of their claim these past four and a half years.
As a result of a 2010 merger transaction, Thomas Weisel Partners Canada Inc. has become a subsidiary of Stifel Financial Corp., which is a full service brokerage and investment banking firm based in St. Louis, Missouri.
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