The markets have been volatile across the globe. That goes for everything across North America, Europe, Germany, and others. But with this volatility have come periods of explosive growth. In the US, for instance, the SPY has managed to make two new all-time highs for the S&P500. With this in mind, it’s important to take note of certain stocks that could be helping to buck the latest bullish trend especially for Canada’s market.
Tech Penny Stocks To Watch:
Liberty Defense Holdings (SCAN.V) (LDDFF)
No list of penny stocks like this would be complete without a tech name in the bunch. Liberty Defense Holdings (SCAN.V) (LDDFF) has been in rally mode for the last week. Since hitting lows of CA$0.29 last week, shares have reversed course. To kick-start the week, the weapons detection technology company sparked a move to highs of CA$0.44.
This move didn’t come without its own series of catalysts either. Most recently the company announced its collaboration with TÜV SÜD America Inc. (TÜV SÜD). This efforts is to ensure the company’s HEXWAVE product will meet Wireless, EMC, and Safety standards for the Federal Communications Commission (FCC), Industry Canada (IC), and European Conformity (CE) certifications.
But what triggered even more attention is the company’s announcement that it signed a collaboration agreement with the Greater Toronto Airports Authority to beta test HEXWAVE. Being that this is Canada’s biggest airport, this move could present a major opportunity or Liberty Defense.
Imagination Park Technologies Inc. (IP.CN) (IPNFF)
This is a different type of tech stock to watch. Imagination Park Technologies (IP.CN) (IPNFF) has been on a tear this week. The company most recently announced it’s working with the Naismith Memorial Basketball Hall of Fame. It will provide augmented reality marketing campaigns for the new 2020 Basketball Hall Of Fame Commemorative Coins starting in Fall 2019. With fall upon us, many have begun watching the company closely for developments.
“It is a tremendous honour to be the first augmented reality company to work with the Basketball Hall of Fame to promote this unique new coin set to fans and collectors. Participation of Basketball Hall of Famers including Rick Barry, Cynthia Cooper, Dominique Wilkins and other legends in the AR platform is truly amazing.”Alen Paul Silverrstieen, Chief Executive Officer of Imagination Park
Mining Penny Stocks To Watch
Triumph Gold Corp (TIG) (TIGCF)
Rounding out the list is a mining company. Triumph Gold Corp (TIG) (TIGCF) caught momentum early in the week. This move came shortly after the company announced new management appointments this month. Dr. Tony Barresi was appointed President, Donna Moroney as Corporate Secretary and John Anderson as Interim Chief Executive Officer.
Mr. Anderson has over 25 years of Capital market experience specializing in the resource sector. He was a founder and financier of many start-up companies with experience on the TSX, NYSE, NASDAQ and London AIM and Swiss Stock Exchange. Prior to this, he worked in Investor Relations at Bema Gold, Investment banking with Hong Kong-based Meyers Capital as well as Corporate Development at Manulife Financial in commercial real estate development.
Disclaimer: Pursuant to an agreement between MIDAM VENTURES, LLC and Liberty Defense Holdings Inc. Midam was hired for a period from 06/1/2019 – 9/30/2019NOW EXTENDED TO 10/31/2019 to publicly disseminate information about Liberty Defense Holdings Inc. including on the Website and other media including Facebook and Twitter. We were paid $250,000 (CASH) for & were paid “0” shares of restricted common shares. We may buy or sell additional shares of Liberty Defense Holdings Inc. in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. For previous compensation see our FULL DISCLAIMER HERE