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 May 12th, 2011, and we’ve found 8 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.

Pacific Coast Nickel Receives NI 43-101 Resource Estimate of the Las Aguilas Project, San Luis Province, Argentina

Pacific Coast Nickel Corp NKL

pleased to report the Company has received a NI 43-101 technical report and resource estimate for the Las Aguilas project ("the Property"), located in the province of San Luis, Argentina. The report is authored by Todd McCracken, P. Geo. and Callum Grant, P.Eng. of Wardrop Engineering Inc., a Tetra Tech Company, both considered independent Qualified Persons.

In summary, the resource estimate includes 3.264MT indicated grading 0.67%NiEq and 1.339MT inferred grading 0.59%NiEq(i) at a cut-off of 0.4%NiEq(i), based on 79 historic and current diamond drill holes on the property. The report is filed and available on SEDAR.

The mineral resource was developed in two parallel nickel and copper sulphide bearing ultramafic/mafic bodies each containing a mineralized body. The Las Aguilas East Zone and the Las Aguilas West Zone are separated from each other by 300 meters and are identified as the established resource on the Property.

About PCNC

Pacific Coast Nickel Corp is a Canadian based Nickel PGM exploration company with projects in Canada, Argentina and Uruguay. PCNC's Burwash property is located adjacent to Prophecy's Wellgreen project in Yukon Territory, Canada. On April 4, 2011, PCNC agreed to buy Wellgreen and Lynn Lake projects from Prophecy Resource Corp by issuing 450 million Pacific Coast Nickel shares to Prophecy (see NR dated April 4, 2011).

Last: 0.09Range: 0.24-0.03Market Cap: 3.6 million

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GOLD BULLION DRILLS 80 METRES OF 1.36 GRAMS PER TONNE GOLD

GOLD BULLION DEVELOPMENT GBB

announce additional drill results from their Granada Property, located along the Cadillac trend in Northwestern Quebec, 5 km south of the city of Rouyn-Noranda.Gold Bullion has now completed 24,000m of the planned 50,000m Phase 3 drill campaign. The continually-expanding mineralized area remains open in all directions and at depth.Highlights of the most recent assay results include:

Hole GR-10-108 - 74.44 metres grading 1.06 grams per tonne

Including -2.00 metres grading 16.75 grams per tonne

HoleGR-10-173 - 80.00 metres grading 1.36 grams per tonne

Including -1.00 metres grading 89.83 grams per tonne

Hole GR-11-200 -- 106.00 metres grading 0.81 grams per tonnw

Including --1.50 metres grading42.90 grams per tonne

About Gold Bullion Development Corp.

Gold Bullion Development Corp. is a TSX Venture-listed junior natural resource company focusing on the exploration and development of its Granada Property near Rouyn-Noranda, Québec, and its Castle Silver Mine in Gowganda, Ontario.

Last: 0.38Range: 0.93-0.35Market Cap: 60 million

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Fjordland Exploration Inc.: Drilling at Woodjam North (Deerhorn Zone) Intersects 160.3 m Grading 1.03g/t Gold and 0.25% Copper, Including 39.6 m Grading 2.07g/t Gold and 0.47% Copper

Fjordland Exploration Inc. (TSX VENTURE: FEX)

Fjordland Exploration Inc. (TSX VENTURE: FEX) and Cariboo Rose Resources Ltd. (TSX VENTURE: CRB), 60%-40% partners in the Woodjam Joint Venture ("WJV"), report that Gold Fields Limited's (NYSE: GFI) exploration company, Gold Fields Horsefly Exploration Corporation ("Gold Fields"), has forwarded drill results from an additional 4 holes of the 2011 drilling program on the Deerhorn Zone of the Woodjam North gold-copper property. The property is located 45 km east of Williams Lake in south-central British Columbia.

Deerhorn Zone Drilling Highlights:

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Au eq

Hole IDFrom (m)To (m)Int. (m)Au g/tCu%g/t(ii)

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DH11-3065.0225.3160.31.030.251.47

About Fjordland Exploration Inc.

Fjordland Exploration is a mineral exploration company focused on the discovery of gold, copper and molybdenum deposits in British Columbia. Of the 28 properties Fjordland owns, the Woodjam North and Woodjam South properties (totaling 56,150 ha) are part of the Woodjam Joint Venture between Fjordland (60%) and Cariboo Rose Resources Ltd (40%); both properties are under separate option agreements to Gold Fields Horsefly Exploration Corporation.

Last: 0.16Range: 0.245-0.085Market Cap: 11.2 million

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Bayfield Drills 7.60m of 5.70 g/t Au and 24.27 g/t Ag within 22.35m of 2.38 g/t Au and 16.42 g/t Ag in Rainy River, NW Ontario

Bayfield Ventures Corp BYV

Bayfield Drills 7.60m of 5.70 g/t Au and 24.27 g/t Ag within 22.35m of

2.38 g/t Au and 16.42 g/t Ag in Rainy River, NW Ontario

announce an additional significant gold intercept on its 100% owned Burns Block property in the Rainy River District of north-western Ontario. The Burns Block is situated adjacent to the east and on strike to Rainy River Resources' (TSX-V: RR) multi-million ounce gold deposit. Rainy River's February 2011 NI 43-101 resource calculation shows a drill indicated resource of 3.42 million ounces of gold, averaging 1.1 g/t gold, in addition to an inferred resource of 3.17 million ounces of gold, averaging 0.91 g/t gold. The deposit has a 0.35 g/t Au cut-off for open pit mineralization.

About Bayfield Ventures Corp.:

Bayfield Ventures Corp. is exploring for gold in the Rainy River District of north-western Ontario.

Last: 0.59Range: 1.38-0.335Market Cap: 24.5 million

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Gold Hawk Intercepts 25 Feet of 4.63% Copper, 1.25 opt Silver at Oracle Ridge

Gold Hawk Resources Inc GHK

announce that the assay results of its core drilling program at the Company's Oracle Ridge Copper Mine confirm the high-grade nature of the copper deposit. Assays have been received for seven of the holes drilled to date with more assays expected in the near future. Assay data for the seven drill holes are presented in the table below.

The confirmation drill program at the Oracle Ridge Copper Mine is advancing on schedule with approximately 10 holes completed at this time. Gold Hawk is taking the necessary time to analyze for a full suite of elements and have identified silver and iron as two likely byproducts that could provide additional positive project economic value. More detailed evaluation of this potential will be conducted as the project progresses.

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HoleFromToInterval%Cu%FeAg oz/ton

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and346371254.6312.961.25

About Gold Hawk Resources Inc.

Gold Hawk (TSX VENTURE: GHK) is a Vancouver, Canada-based company with a focus on uncovering overlooked deep-value projects to achieve superior shareholder returns. The Company is the sole owner and operator of Oracle Ridge Mining LLC and copper mine located 24 km northeast of Tucson, Arizona. Gold Hawk has cash on hand of approximately $19 million, minimal long-term debt and is managed by an experienced team of mining professionals with extensive operating and financial experience.

Last: 1.80Range: 2.50-1.00Market Cap: 56.4 million

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Aurizon Mines Ltd. (TSX:ARZ; NYSE Amex:AZK)

Aurizon reports unaudited financial results for the first quarter of 2011, which have been prepared on the basis of available information up to May 10, 2011.

First Quarter 2011 Highlights and Significant Items

Gross profit of $18.0 million, 43% higher than $12.6 million in same quarter of 2010.

Cash flow from operations of $14.5 million, 58% higher than $9.2 million in same quarter of 2010.

Operating profit margin per ounce(1) increased 63% to US$771, due to higher realized gold prices.

Gold production of 31,976 ounces.

Profit of $2.4 million, or $0.02 per share, matching same period of 2010.

Working capital of $152 million, including cash of $143 million.

Establishment of US$50 million revolving credit facility.

As at March 31, 2011, cash and cash equivalents increased to $142.8 million, compared to $139.3 million as at December 31, 2010. Working capital remained unchanged at $152 million.

Aurizon Mines Ltd. (TSX:ARZ; NYSE Amex:AZK) is a gold producer with a growth strategy focused on developing its existing projects in the Abitibi region of north-western Quebec, Canada, one of the world's most favourable mining jurisdictions and prolific gold and base metal regions, and by increasing production through accretive transactions.

Last Trade: 5.7552 Week: 8.42 – 4.42Market Cap: 933.06 Million

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China TransInfo Announces First Quarter 2011 Results

China TransInfo Technology Corp. (NASDAQ:CTFO - News) ("China TransInfo" or the "Company"), a leading provider of comprehensive intelligent transportation solutions ("ITS") in China through its affiliate, China TransInfo Technology Group Co., Ltd. (the "Group Company"), today reported its financial results for the three months ended March 31, 2011.

First Quarter 2011 Highlights

• Revenue increased 46.7% year-over-year to $36.5 million
• Gross profit increased 21.8% year-over-year to $10.4 million
• Operating income increased 11.1% year-over-year to $4.1 million
• Net income increased 68.7% year-over-year to $3.0 million
• Earnings per share increased 54.2% to $0.12
• Adjusted net income, which excludes non-cash stock based compensation expense of $0.3 million and amortization expense of intangibles from acquisitions of $0.05 million, increased 49.5% year-over-year to $3.3 million, or $0.13 per diluted share*

About China TransInfo

China TransInfo, through its affiliate, the Group Company and the Group Company's PRC operating subsidiaries, is primarily focused on providing urban and highway transportation management solutions and information services. The Company is a leading transportation information products and comprehensive solutions provider, and aims to be the largest real time transportation information service provider and major fleet management service provider in China.

Last Trade; 4.8852 Week: 7.95 – 4.13Market Cap: 123.32 Million

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BIO-key(R) Reports 2011 First Quarter Financial Results

BIO-key International, Inc. (OTC Bulletin Board: BKYI), a leader in finger-based biometric identification solutions, today reported financial results for the first quarter ended March 31, 2011.

Total revenue for the three months ended March 31, 2011 was approximately $1.4 million, representing an increase of 44% from the $976,175 reported for the quarter ended March 31, 2010.

Net income for the first quarter of 2011 was $240,071 compared to net income of approximately $1.0 million for the comparable quarter in 2010. Net income for the 2010 period included approximately $787,000 in income related to derivative and fair value adjustments and $435,318 in income from discontinued operations. Excluding the impact of these events, net income would have increased by approximately $462,000.

BIO-key's gross margin for the first quarter of 2011 was 92% compared to 89% for the same period in 2010. Operating expenses for the first quarter of 2011 increased 2.2% to approximately $1.0 million compared to $984,809 in the comparable quarter ended March 31, 2010. Operating income for the first quarter of 2011 was $283,988, a $403,000 improvement over the operating loss of ($118,734) reported in the quarter ended March 31, 2010.

About BIO-key

BIO-key International, Inc., headquartered in Wall, New Jersey, develops and delivers advanced identification solutions to commercial and government enterprises, integrators, and custom application developers. BIO-key's award winning, high performance, scalable, cost-effective and easy-to-deploy biometric finger identification technology accurately identifies and authenticates users of wireless and enterprise applications.

Last Trade: 0.137552 Week: 0.25 – 0.09Market Cap: 10.75 Million

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