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 July 28th, 2011, 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.

Seair reports third quarter profit on 72% revenue increase

Seair Inc. (SDS:TSX Venture Exchange)

today released its unaudited financial statements for the quarter and nine months ending May 31, 2011.

FINANCIAL RESULTS

Revenue for the quarter ending May 31, 2011 was $1,747,387, or 72% higher than the third quarter of fiscal 2010, leading to net income of $276,393 versus a loss of $222,442 in the prior year. The revenue increase stemmed from the continued rebound in Seair's portable wastewater treatment business as well as equipment sales in oilfield water recycling and oil sands dewatering. Portable wastewater treatment revenue was up 375% from the prior year due to overall sector strengthening coupled with Seair establishing a full-time sales presence in Calgary since December 2010. Revenue from major oil field water treatment projects, including produced water recycling in the United States with R360 Environmental and ongoing oil sands dewatering build out, contributed approximately $1 million in revenue to the quarter.

Gross profit for the quarter ending May 31, 2011 was $1,383,758 (79% of revenue) compared to $720,125 (71% of revenue) in the quarter ending May 31, 2011. This $663,633 increase in gross profit is due to higher revenue, particularly from portable wastewater treatment plant rentals.

Total operating expenses increased by $143,263 to $1,090,255 (15% increase) from fiscal 2010 to fiscal 2011 compared to the 72% and 92% increases to revenue and gross margin, respectively. Portable wastewater fleet equipment expenses, such as service personnel salaries and benefits and treatment unit amortization, increased with improved fleet deployment.

Net income for the quarter ending May 31, 2011 of $276,393 was a 224% improvement over the corresponding quarter in fiscal 2010.

About Seair

Seair develops proprietary equipment that diffuses gases into liquids. The introduction of oxygen, ozone or carbon dioxide results in a supersaturated solution, that meets environmental standards and customer needs. Seair's patented technologies can produce extremely small bubbles which are more efficient than other diffusion technologies. Our technologies are used in a variety of applications in the oil and gas industry. We also service customers in such diverse fields as wastewater treatment, pulp and paper, food processing, aquaculture, agriculture/horticulture, sterilization, golf course irrigation and pond treatment and animal enhancement.

Last: 0.70Range: 0.82-0.36Market Cap: 20.3 million

Pacific Ridge Drills New Yukon Gold Discovery: First Hole Intersects 2.44 Grams Per Tonne Gold Over 38.9 Metres At Mariposa in White Gold District

Pacific Ridge Exploration Ltd. (TSX VENTURE:PEX)

reports that its first diamond drill hole has intersected 2.44 grams/tonne (g/t) gold over a 38.9 metre interval that includes 6.44 g/t gold over an 11.1 metre interval at its Mariposa Property in the Yukon's White Gold District.

The initial objective of the Phase 1 drilling program is to test five gold-in-soil anomalies coincident with geophysical signatures indicating geological structures prospective for hosting gold mineralization. These exploration targets are contained within an approximate 21 square kilometre area within the overall 262 square kilometre Mariposa Property.

About the company

PACIFIC RIDGE EXPLORATION (TSX V: PEX) Pacific Ridge Exploration, incorporated in 1977, has a continuing history of mineral discovery. Management, with a 40 year history of international public exploration company success, are well recognized mine finders.

Last: 0.62Range: 0.66-0.12Market Cap: 33 million

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Crescent Resources Reports Phase One Drill Results Confirming Near Surface Gold Mineralization, Including 11.40 Meters at 4.86 g/t Gold, on the Uncle Sam Project, Alaska

Crescent Resources Corp. (TSX VENTURE:CRC)

reports results from the first four diamond drill holes completed as part of the 2011 exploration and drill program at the Uncle Sam Gold Project in the Tintina Gold Belt, Alaska. These results are from the Wolf Prospect, the first of three large gold in soil anomalies on the project to be drilled by Crescent.

Hightlights

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Drill HoleFrom metersTo metersInterval -metersGold g/t

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WLF-00141.7644.502.743.63

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WLF-00235.6647.0611.404.86

About the company

Crescent Resources is a resource exploration company with a growth strategy of adding value through discovery and rapid project advancement through exploration. The company will be focusing on the exploration and drilling of the Uncle Sam Gold Project in Alaska in spring 2011. A 2,100 meter diamond drill program commenced on May 17, 2011 with a focus on expanding the current areas of gold mineralization. Crescent has an option to earn 100% of the project where past work has returned many ore grade intercepts within a large area of gold mineralization.

Last: 0.20Range: 0.47-0.10Market Cap: 5.5 million

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Spanish Mountain Gold Reports Interim Drilling Results

Spanish Mountain Gold Ltd. (TSX VENTURE:SPA)

is pleased to announce further results of the in-fill drilling program within the Main and North Zones of its Spanish Mountain Gold Project (the "Project") located in central British Columbia, Canada. The results presented in this news release represent approximately an additional 30% of the total planned drill holes that are designed to upgrade mineralization from the Inferred to Measured and Indicated categories, test for extensions to gold mineralization laterally and at depth and to optimize the design of pit walls. The final 40% of results are expected to be available within eight weeks. The results of the drilling conducted to date continue to confirm the continuity of potentially economic mineralization in areas presently classified as inferred resources.

The Company is also pleased to announce that drill rigs have now moved onto the Cedar Creek area to begin testing gold targets defined in a soil geochemical survey.

Highlights of Drilling Results include:

MAIN ZONE HIGHLIGHTS:

--321.5 metres (m) grading 0.65 gram/ tonne (g/t) gold including 50.00m

grading 1.03g/t gold and including 14.27m grading 2.12g/t gold in hole

11-DDH-961.

--284.50m grading 0.50g/t gold including 66.50m grading 1.35g/t gold in

   

About Spanish Mountain Gold

Spanish Mountain Gold Ltd is focused on the responsible development of its flagship Spanish Mountain gold project in southern central British Columbia, Canada. The Company has no debt and owns 100% of four gold properties located in British Columbia. Additional information about the Company is available on its website: www.spanishmountaingold.com

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