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 23rd 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.

TechFaith 3Q10 Revenue Exceeds High-End of Prior Guidance

EIJING, Nov. 23, 2010 /PRNewswire-Asia/ -- China TechFaith Wireless Communication Technology Limited (Nasdaq:CNTF - News) ("TechFaith" or the Company) today announced its unaudited financial results for the third quarter ended September 30, 2010.

For the third quarter of 2010, TechFaith reported net revenue of US$ 68.6 million (RMB 464.3 million), a 30% increase compared to US$ 52.8 million (RMB 360.7 million) in the third quarter of last year. Gross margin for the third quarter of 2010 was 24% compared to 19% in the same quarter last year. Income from operations for the third quarter of 2010 was US$ 9.0 million (RMB 60.9 million), a 61% increase compared to US$ 5.6 million (RMB38.3 million) in the same quarter last year. Net income attributed to TechFaith for the third quarter of 2010 was US$ 4.3 million (RMB 29.1 million), compared to a loss of US$ 3.4 million (RMB 23.2 million) in the same quarter last year. Third quarter of 2010 results reflect the non-cash impact of a US$ 3.3 million loss due to IDG's conversion in the quarter of US$ 6.25 million convertible bonds into TechFaith ordinary shares and the remaining US$3.75 million into shares of TechFaith's gaming subsidiary 798 Entertainment, compared to a US$9.2 million non-cash loss in the same quarter last year as a result of change in fair value of derivatives associated with the convertible note.

About us

TechFaith (NASDAQ:CNTF - News) is a China-based original developed product ("ODP") provider focused on the original design and sales of mobile phone products. TechFaith aims to become a branded mobile phone specialist in differentiated market segments in the China market. TechFaith is also striving to build a leading PC and online gaming business through its wholly-owned subsidiary, 798 Entertainment Limited.

Last Trade: 3.9252 Week: 4.22 – 1.91Market Cap: 186 Million

Gold Canyon Intercepts 225 Meters at 1.48 Grams Per Tonne Gold at Springpole Gold Project

Gold Canyon Resources Inc. (TSX VENTURE:GCU)

announce that hole SP10-024 has intersected 225 meters at 1.48 grams per tonne gold including 47 meters at 3.47 grams per tonne gold at Springpole Gold Project.

·Hole SP10-024, 225 meters at 1.48 grams per tonne gold (738 feet at 0.043 oz per ton gold) including 47 meters at 3.47 grams per tonne gold (154 feet at 0.101 oz per ton gold), was collared 10 meters northeast from SP10-022 after that hole was lost in broken ground before testing the full width of the target.

About Gold Canyon Resources Inc.:

Gold Canyon is engaged in the acquisition and exploration of mineral and precious metals properties. The Company controls a 100% interest in the Springpole Gold - Horseshoe Island Gold, Platinum, Palladium Project and Favourable Lake Poly-metallic property currently under option to Shoreham Resources Inc. pursuant to an option and joint venture agreement entered into in December 2005 - all in the Red Lake Mining District of Ontario, Canada.

Last; 1.66 Range: 1.85-0.15 Market Cap: 121 Million

Fire River Gold Reports 2010 Surface Drill Holes Results: 37.0 g/t (1.08 opt) Gold Over 3.6 m (11.7 ft) at North Star Zone, Nixon Fork Gold Mine, Alaska

Fire River Gold Corp. (TSX-V: FAU)

report the first results obtained from the 28,000 metre drill program at the Nixon Fork Gold Mine situated in Alaska's Tintina Gold Belt. A total of 6,700 metres have been drilled to date of which 2,400 metres were on surface. The Company has received assay results from 16 of the 19 surface drill holes.

• 37.0 g/t (1.07 opt) gold over 3.6 m (11.7 ft) in hole N10-007 including 77.9 g/t (2.27 opt) gold over 1.1 m (3.6 ft)
• 27.6 g/t (0.80 opt) gold over 1.4 m (4.6 ft) in hole N10-015
• Results pending for additional surface and underground holes
• 28,000 metre drill program ongoing
• Second diamond drill purchased and en route to mine site

About Fire River Gold Corp.

Fire River Gold Corp. is a near term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production within the next 12 months. The Nixon Fork Gold Mine is a fully permitted and bonded mine with past production values averaging 1.14 opt (39 gpt). F

Last: 0.48 Range: 0.75-0.34 Market cap: 28.7 million