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Message: AGORACOM Small Cap TV - November 9th - Highlights

Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on AGORACOM Small Cap TV this morning. It’s November 9th 2010, and we’ve found 4 great press releases to report on at the open. Another great day for small-cap and micro-cap financial news. To watch the show live every morning at 9:30 AM, visit our front page.

China-Biotics, Inc. Reports 37.6% Revenue Growth for the Second Quarter of Fiscal Year 2011

HANGHAI, Nov. 9, 2010 /PRNewswire-Asia-FirstCall/ -- China-Biotics, Inc. (Nasdaq:CHBT - News) ("China-Biotics" or "the Company"), a leading developer, manufacturer and distributor of probiotics products in China, today reported its financial results for the second quarter and the first six months of its 2011 fiscal year, both ended September 30, 2010.

Second Quarter FY2011 Highlights

  • Net sales increased 37.6% yoy to $23.6 million;
  • Gross bulk products sales increased 69% yoy to $9.9 million;
  • Gross profit increased 25.6% yoy to $15.3 million, with a gross margin of 64.8%;
  • GAAP net income was $10.8 million, or $0.33 per diluted share;
  • Excluding the non-cash gains from change in fair value of convertible bonds, non-GAAP net income was $8.1 million, or non-GAAP diluted EPS $0.33;
  • Cash and cash equivalents were $158.8 million;
  • R&D expenses increased 123.1% yoy to a quarterly record of $1.6 million;

About China-Biotics

China-Biotics, Inc. ("China-Biotics" or "the Company"), a leading manufacturer of biotechnology products and supplements, engages in the research, development, marketing and distribution of probiotics dietary supplements in China. Through its wholly owned subsidiaries, Shanghai Shining Biotechnology Co., Ltd. and Growing Bioengineering (Shanghai) Co. Ltd., the Company develops and produces a proprietary product portfolio. Currently, its retail products are sold over the counter, mainly through large distributors, to pharmacies and supermarkets in Shanghai and Jiangsu and Zhejiang provinces.

Last Trade:13.80 52 Week: 19.74 – 8.75Market Cap: 308 Million

Salazar Intersects 23.87 g/t Gold, 1252.71 g/t Silver, 2.29 % Copper, 5.69% Lead and 26.28 % Zinc

VANCOUVER, BRITISH COLUMBIA, Nov 09, 2010 - Salazar Resources Ltd. (TSX VENTURE: SRL)(FRANKFURT: CCG) – Mr. Fredy Salazar, President and CEO, is pleased to announce the latest assay results from drilling at the El Domo deposit in the Las Naves Central area of its Curipamba Volcanic Hosted Massive Sulphide Project in Ecuador.

The Company is pleased to announce results from the El Domo drill program for diamond drill holes (DDH) Curi-10-71 and Curi-10-72 located in the South Eastern part of the deposit (See Figure 1) where thick zones of high grade mineralization were encountered including:

– Curi-10-71 intersected 1.91 meters con 23.87 g/t gold, 1252.71 g/t silver, 2.29% Copper, 5.69% lead and 26.28 % zinc — Curi-10-72 intersected 4.62 meters at 1.59 g/t gold, 64.57 g/t silver, 1.88 % Copper and 4.25 % Zinc

Curi-10-71 was drilled at 90 degrees strike on section 4950 N with -70 degree dip and a length of 182.75m. Curi-10-72 was drilled 90 degrees strike on section 5000 N with -70 degree dip and a length of 158.75m.

Salazar Resources Ltd. is a publicly-listed (TSX VENTURE: SRL)(FRANKFURT: CCG) mineral resource company engaged in the exploration and development of new highly prospective areas in Ecuador. Led by a senior Ecuadorian management team and most notably by its namesake Fredy Salazar, this team has been instrumental in other major discoveries throughout Ecuador. Being an Ecuadorian based company gives the company a strategic advantage enabling the company to complete exploration at a rapid pace.

Last Trade: 1.4552 Week: 1.50 – 0.74Market Cap: 55 Million

TVI Pacific Announces Completion of Eighteenth Shipment of Copper Concentrates Produced at Canatuan

TVI Pacific Inc. (TSX:TVI) (OTCQX:TVIPF)

announced today that its Philippine operating affiliate, TVI Resource Development (Phils.), Inc. ("TVIRD"), completed its eighteenth shipment of copper concentrates produced at the Canatuan Mine on November 6, 2010.

  • Gross revenue expected from eighteenth shipment US$8.9 million
  • Gross revenue year to date US$68.3 million
  • Copper concentrates shipped year-to-date 41,950 dry metric tonnes ("dmt")

Copper production remains steady at Canatuan and concentrate grade levels have been kept around 20 percent. Current production plans call for maintaining production at these concentrate grade levels in preparation for the next shipment scheduled in approximately five weeks.

The concentrates were shipped from the TVIRD warehouse facility at Santa Maria Port in Siocon, Zamboanga del Norte, in accordance with the offtake arrangement previously entered into between TVIRD and MRI Trading AG ("MRI"). TVIRD expects to earn gross revenues of US$8.9 million from MRI for 5,375 dmt of copper concentrates.

The offtake agreement provides that MRI will purchase all of the copper concentrates produced at Canatuan over the anticipated life of the sulphide operation. After the eighteenth shipment, inventory of about 488 dmt remained in the Port Sta. Maria warehouse.

About TVI Pacific Inc. (TSX:TVI) (OTCQX:TVIPF)

TVI Pacific Inc. is a publicly-traded copper producer focused on the production, development, exploration and acquisition of precious and base metal mining deposits in the Philippines. The Company's interest in the Canatuan Mine and its other Philippine assets are held through its affiliate, TVI Resource Development (Phils.), Inc.

Last: 0.13Range: 0.13-0.06Market Cap: 63 Million

Anfield Discovers New High Grade Deposit at Tres Juanes and Intersects 18.4 Meters Grading 3.05% Nickel in Step-Out Hole at Sechol, at Its Mayaniquel Project, Guatemala

Anfield Nickel Corp. (TSX VENTURE:ANF)

announce that another significant high-grade nickel laterite deposit, Tres Juanes Sur, has been discovered at its 100% owned Mayaniquel nickel project located in eastern Guatemala.

Initial results from the Tres Juanes Sur target are highlighted by holes TJS10-005 containing 16.3 meters grading 1.75% nickel including 8.0 meters averaging 2.39% nickel, and TJS10-013 that intersected 22.3 meters averaging 1.68% nickel including 7.3 meters grading 2.34% nickel.

At Sechol - Inicio, drilling continues to expand known nickel resources into previously undrilled areas while also completing in-fill drilling to support upgrading areas of the existing mineral resource from the Inferred to Indicated category.

New results available from Inicio are highlighted by step-out holes SIN10-057 that intersected 29.50 meters grading 2.31% nickel including 18.4 meters averaging 3.05% nickel and SIN10-084 that intersected 18.5 meters grading 1.78% nickel including 12.2 meters averaging 2.09% nickel.

About

Anfield Nickel Corp is an exploration company focused on the exploration and development of nickel laterite resources. The Company owns Mayaniquel, S.A., a Guatemalan company that controls approximately 80,000 hectares of mineral rights in the nickel laterite district that surrounds Lake Izabal. The Company is listed on the TSX Venture Exchange under the symbol "ANF"

Last 4.40Range: 4.75-2.41Market Cap: 139 million

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