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 March 26th, 2012, and we’ve found 6 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 ... or click on the image below.

Saratoga Resources, Inc. Reports Fourth Quarter and 2011 Financial Results, Increased Reserves and New Production Milestone

Saratoga Resources, Inc. (NYSE Amex:SARA);(the “Company” or “Saratoga”) today announced financial and operating results for the quarter and year-ended December 31, 2011. Saratoga also announced that its current production has eclipsed prior highs, reaching in excess of 4,200 barrels of oil equivalent per day (“BOEPD”) net to the Company.

Key Financial Results

Year-Ended 2011

ñNet income of $20.8 million, or $0.93 per fully diluted share, for 2011 compared to a net loss of $(19.4) million, or $(1.14) per fully diluted share, for 2010;

ñDiscretionary cash flow of $30.5 million, or $1.36 per fully diluted share, for 2011 compared to discretionary cash flow of $6.2 million, or $0.36 per fully diluted share, for 2010;

ñEBITDAX of $47.9 million for 2011 compared to $28.2 million for 2010;

Fourth Quarter

ñNet income of $11.5 million, or $0.43 per fully diluted share, for the fourth quarter of 2011 compared to a net loss of $(1.7) million, or $(0.10) per fully diluted share, in the fourth quarter of 2010;

ñDiscretionary cash flow of $7.9 million, or $0.29 per fully diluted share, for the fourth quarter of 2011 compared to discretionary cash flow of $4.5 million, or $0.26 per fully diluted share, in the fourth quarter of 2010;

ñEBITDAX of $13.4 million for the fourth quarter of 2011 compared to $8.6 million in the fourth quarter of 2010; and

Financial Position and CAPEX Highlights

ñ$15.9 million of cash on hand at December 31, 2011, up from $4.4 million at December 31, 2010;

ñ$41.9 million of shareholders’ equity at December 31, 2011, up from a deficit of $4.1 million at December 31, 2010;

ñ$35 million of equity raised during 2011 from sale of common stock and warrants;

About Saratoga Resources

Last Trade: 6.9552 Week: 7.81 – 4.06Market Cap: 183.35 Million

LiqTech International, Inc. Reports 2011 Fiscal Year-End Results

LiqTech International, Inc. (OTCQX: LIQT) (PINKSHEETS: LIQT) ("LiqTech") announced today its financial and operational results for the last 12 months.

Financial highlights for the year ended December 31, 2011:

ñNet sales for the year ended December 31, 2011 were $21,192,177 compared to $15,728,817 for the year ended December 31, 2010, representing an increase of $5,463,360 or 35 percent

ñGross profit for the year ended December 31, 2011 was $5,027,811 compared to $3,673,844 for the year ended December 31, 2010, representing an increase of $1,353,967 or 37 percent

ñNet income attributable to the Company for the year ended December 31, 2011 was $917,211 compared to a loss of $6,629 for the year ended December 31, 2010, representing an increase of $923,840

Financial highlights for the three months ended December 31, 2011:

ñNet sales for the three month period ended December 31, 2011 were $7,639,431 compared to $3,267,640 for the same period in 2010, representing an increase of $4,371,791 or 133.8 percent.

ñGross profit for the three month period ended December 31, 2011 was $1,712,559 compared to $607,090 for the same period in 2010, representing an increase of $1,105,469 or 182.1 percent.

ñNet income attributable to the Company for the three month period ended December 31, 2011 was $538,968 compared to a loss of $269,510 for the comparable period in 2010, representing an increase of $808,478

ABOUT LIQTECH INTERNATIONAL, INC.
LiqTech International, Inc., a Nevada corporation, is a clean technology company that for more than a decade has developed and provided state-of-the-art technologies for gas and liquid purification using ceramic silicon carbide filters, particularly, highly specialized filters for the control of soot exhaust particles from diesel engines and for liquid filtration. It also manufactures kiln furniture.

Last Trade: 3.3852 Week: 4.95 – 3.11Market Cap: 73.01 Million

Atna Resources Reports Fourth Quarter and 2011 Fiscal Year Results and Highlights

Atna Resources Ltd. ("Atna" or the "Company") (TSX:ATN / OTCBB:ATNAF)

today reported audited financial and operating results for the Company's year ended December 31, 2011. Unless otherwise designated, all amounts are in U.S. dollars. Additional details may be found in the MD&A and Financials filed on SEDAR and EDGAR or on our website at www.atna.com.

Highlights for 2011 and Subsequent Events

ñAtna generated net income of $15.1 million, or $.14 per share, in the year ended December 31, 2011 ("2011"). Income before income tax was $6.0 million, or $.06 per share. As of December 31, 2011, cash and cash equivalents were $10.0 million.

ñThe Briggs mine sold 32,371 ounces of gold in 2011, a 29 percent increase over 2010 results, to produce $51.7 million in gross revenue, a 69 percent increase over 2010 gross revenue. The average selling price per ounce of gold was $1,588.

ñThe Briggs mine produced $18.5 million in positive operating cash flow and $13.5 million of income before tax.

Highlights for Fourth Quarter 2011

ñAtna generated net income of $11.6 million, or $.10 per share, in the fourth quarter of 2011. Income before tax was $2.5 million, or $.02 per share.

ñThe Company reversed $9.5 million, or $.08 per share, of an allowance against its deferred tax asset principally in expectation of being able to use its past net operating loss carryforwards ("NOL's").

ñBriggs produced $4.7 million in positive operating cash flow and $4.0 million of income before tax.

ñThe Briggs mine sold 8,423 ounces of gold for the quarter, an 8 percent increase over fourth quarter 2010 to produce $14.1 million in gross revenue, a 39 percent increase over the same period in 2010. The average selling price was $1,675 per ounce in the quarter.

ñA 15 hole, 8,880 foot (2,707 meters) reverse circulation drilling program was completed at the Reward Project with success in increasing measured and indicated resources by 29 percent.

About Atna Resources

Atna is a gold production and development company with a focus in the western US. Atna is producing gold at its Briggs mine located in Inyo County, California, and is currently developing the Pinson underground gold mine near Winnemucca, Nevada. Infrastructure development has been substantially completed at the permitted Reward gold mine near Beatty, Nevada, and early feasibility study work is being conducted at the Columbia gold project located near Lincoln, Montana.

Last Trade: 1.2252 Week: 1.58 – 0.53Market Cap: 144.08 Million

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Stonegate Agricom Announces Positive Pre-Feasibility Results for Paris Hills Phosphate Project, including Pre-Tax NPV of $241.7 million and IRR of 31%

Stonegate Agricom Ltd. ("Company") (TSX: ST)

today announced the results of its Pre-Feasibility Study for the development of an underground mine in the Lower Phosphate Zone of its Paris Hills Phosphate Project in Idaho, U.S.A. The Pre-Feasibility Study was compiled by Agapito Associates Inc. of Grand Junction, Colorado. All amounts are estimates and in U.S. dollars.

Pre-Feasibility Study Highlights:

• Production of 10 million tonnes of direct-ship, concentrate-quality phosphate rock (no beneficiation required)
• Total project financing requirements for development of $134.3 million, which includes contingency of $16.1 million and working capital of $6.5 million
• Cash operating cost of $72.99 per tonne of saleable product (FOB mine site)
• Assumed average product price of $160 per tonne (FOB mine site)
• 14-year mine life with production reaching more than 800,000 tonnes per annum in the third year and more than 1 million tonnes in the fifth year. Total production and mine life potentially could be increased as assay results of ongoing and future drilling on the property are incorporated into Mineral Reserve estimates
• Phosphate rock meets industry specifications for concentrate: life-of-mine grade averages 29.4% P2O5, Minor Element Ratio 0.07 and CaO:P2O5 ratio 1.53
• NPV (8% discount rate): pre-tax $241.7 million, after-tax $179.4 million
• IRR: pre-tax 31%, after tax 27%

About Stonegate Agricom

Stonegate Agricom, which is actively engaged in acquiring and developing agricultural nutrient projects, is currently focused on the development of two potentially world-class, long-life phosphate deposits, the Paris Hills Phosphate Project located in Idaho and the Mantaro Phosphate Project located in Peru.

Last: 0.63Range: 1.76-0.60Market Cap: 90million

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Energizer Resources Confirms Jumbo Flake Graphite With +90% Purity; DRA Mineral Projects Makes Initial Equity Investment in Energizer

Energizer Resources Inc. (TSX:EGZ)(OTCBB:ENZR)(FRANKFURT:YE5)

is pleased to announce that it has received positive initial metallurgical test results from its Green Giant Project in Madagascar and that DRA Mineral Projects has made an equity investment into the Company.

Graphite ore samples from the Fotsy and Molo zones were submitted to the North Carolina State University (NCSU) Minerals Research Laboratory in Asheville, North Carolina for preliminary evaluations to define potential for recovery of commercial products. Simple mechanical crushing with no flotation yielded flake sizes of +50 mesh, which according to Tom Burkett, Vice President of Graphite Materials & Systems at SGL Carbon Group - the world's largest carbon company - is regarded by the industry as jumbo flake. Both ores have produced graphite concentrates at purities of +90%.

Both samples were subjected to beneficiation that included crushing, grinding, and various flotation schemes. A +50-mesh grind was utilized for the majority of the testing to achieve a high degree of liberation while maintaining a particle size that would be attractive to the marketplace. This testing recovered graphite in the form of oversize products at +50 mesh and flotation concentrates.

About Energizer Resources

Energizer Resources Inc. is a mineral exploration and development company based in Toronto, Canada, which is developing its Green Giant Project located in Madagascar. The Green Giant hosts one of the largest known vanadium deposits and potentially one of the largest known graphite deposits.

Last: 0.26Range: 0.45-0.15Market Cap: 39.9 million

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Sylogist Q1 2012 Results: Substantial Organic Growth in Revenue of 14%, Cash Flow up 43% and Profit increased 70%

Sylogist Ltd. (TSXV: SYZ),

a provider of technology based IP solutions, is pleased to release its unaudited financial results for the first quarter of fiscal 2012 ended December 31, 2011.

In the first quarter of fiscal 2012:

• Revenues increased 14% to $2.6 million from $2.3 million over last year.
• Cash flow from operations increased to $1.2 million ($0.06 per share) in the quarter up 43% from the same quarter last year.
• EBITDA improved 45% to $1.2 million ($0.06 per share) compared to $0.8 million in the first quarter of fiscal 2011.
• Excluding non-cash items, profit was $1.2 million ($0.06 per share). Reported profit of $0.7 million was up 70% over the same quarter in fiscal 2011.
• Cash and short term investments as at December 31, 2011 totalled $14 million ($0.70 per share).
• Working capital (net of deferred revenue) was $13.9 million or $0.70 per share.
• Combined federal tax attributes at the end of December 2011 were approximately $9 million.
• Dividends totalling $0.10 per share were declared in the quarter including a $0.075 per share special dividend.
• IFRS was implemented.

"Growth accelerated in the first quarter of fiscal 2012. Key financial metrics including revenue (up 14%), cash flow (up 43%), EBITDA (up 45%) and profit (up 70%), demonstrated significant improvements over the same quarter in fiscal 2011. With Sylogist's strong balance sheet and operating performance, the quarterly eligible dividend paid on March 15, 2012 was increased by 20% to $0.03 per common share." stated Jim Wilson, Chairman, President and CEO.

About Sylogist Sylogist is a technology innovation and licensing company which, through strategic acquisitions, investments and operations management, provides intellectual property solutions to a wide range of public and private sector customers. The Company's stock is traded on the TSX Venture Exchange under the symbol "SYZ".

Last: 1.85Range: 2.25-1.50Market Cap: 38 million