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Message: AGORACOM Small Cap TV - May 2nd - 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 May 2nd, 2012, and we’ve found 7 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.

Lomiko Outlines 2012 Goals for High Purity, Large Flake Crystalline Graphite Exploration

LOMIKO METALS INC. (TSX VENTURE:LMR)(PINKSHEETS:LMRMF)(FRANKFURT:DH8B) (the "Company")

has established its 2012 goals regarding its Quatre Milles Graphite Property. Lomiko outlined its strategy to focus on electric minerals and gold for 2012 at the beginning of the year and is pleased to report significant progress in the first quarter of 2012.

Lomiko optioned the Quatre Milles Graphite Property in Quebec to search for large flake, crystalline graphite which is sought after for use in electric cars, fuel cells, pebble-bed nuclear reactors. Graphene, a newly discovered, chicken-wire shaped formation of carbon which is one-atom thick has also re-kindled interest in large flake graphite properties. Graphene has incredible properties that can make it 200 times stronger than steel, a superconductor and heat-resistant. Research scientists world-wide are experimenting with new technology that use graphene and many new patents have been filed since the Nobel Prize was awarded for its discovery in 2010.

Historical Highlights

Graphicor completed reconnaissance mapping and prospecting as well as ground geophysics and a 26 hole diamond drill program totaling 1,625 metres.

The work identified several conductive trends in the central portion of the property and at least three, relatively flat lying graphitic beds.

Three surface samples were collected and analyzed returning results of 14.16% Cgf, 18.06% Cgf and 20.35% Cgf.

23 of the initial 26 drill holes intersected graphite concentrations with graphite concentration in range of 4.69% in hole Q90-1 to a highlight of 8.07% Cgf over 28.60 metres in hole Q90-7. The highest individual assay was reported in hole Q90-10 reporting 15.48% Cgf over 0.50 metres

About the company The Quatre Milles Property is road accessible and is located approximately 175 km northwest of Montreal and 17 km due north of the village of Sainte-Veronique, Quebec. The property consists of 28 contiguous claims totaling approximately 1,600 hectares.The property was originally staked and explored by Graphicor Resources Inc. ("Graphicor") in the summer of 1989 based on the results of a regional helicopter-borne EM survey. The underlying geology consists of intercalated biotite gneiss, biotite feldspar gneiss, marble, quartzite and calc-silicate lithologies of the Central Metasedimentary Belt of the Grenville Province.

Last: 0.11Range: 0.18-0.025Market Cap: 7.3 million

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Strike Graphite Intersects Significant Graphite at Simon Lake Graphite Property

Strike Graphite Corp. (TSX VENTURE:SRK) (the "Company")

is pleased to announce that it has intersected graphitic gneisses on the first hole at the Company's Simon Lake Property. Thus far, Graphite mineralization has been encountered at the beginning of the hole, with the most abundant intercepts occurring from 10.2 to 23.9 metres (13.7m interval); followed by a second graphitic zone from 45.7 to 69.5 metres (23.8m interval). A third graphitic zone from 93.5 to 102.2 metres (8.7m interval) was also encountered. In the field, flake sizes of up to 4 millimetres have been noted*. Drilling of the first hole will continue until approximately 240m or until passing through a final potential graphitic zone. Photos of the core will be uploaded to the company website or may be viewed at the following link: http://strikegraphite.com/core-photo-gallery.html

The current hole, SL-12-001, has verified the historic intervals of graphite in hole E42-5, at the Simon Lake West Target. Historic hole E42-5 encountered a graphitic biotite gneiss with core descriptions of "disseminated graphite" or "coarse graphite flakes", with narrower intervals described as "graphite flakes abundant" and "heavy graphite in 6 to 12 inch bands".

All relevant graphite intersections will be sent for routine analysis for carbon content and multi-element analysis. Additionally, core will be tested for mineralogical characterization and initial metallurgical testing in order to determine the graphite flake size distribution, purity and recovery.

About the Company:

Strike Graphite Corp. is a progressive exploration company with seasoned management targeting strategic assets on a global scale. In addition to the Deep Bay East and Simon Lake graphite properties, the Company is also active advancing its Wagon Graphite property in Quebec next to the Timcal Graphite mine. The company is also advancing the Satterly Lake gold project in NW, Ontario, located just west of Gold Canyon Resources Inc.

Last: 0.35Range: 0.44-0.10Market Cap: 15.2 million

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First Nickel Reports an 87% Increase in First Quarter Production at Lockerby, Affirms Full Year Production and Cost Guidance

First Nickel Inc. (TSX:FNI)

today announced its preliminary first quarter production and costs and affirmed the full year production and cost guidance. (All dollar amounts herein are in Canadian funds unless otherwise indicated.)

First Nickel produced approximately 1.2 million pounds of nickel and 0.9 million pounds of copper at the Lockerby mine in Sudbury, Ontario, in the first quarter of 2012 and incurred approximately $13 million of cash production costs(1). Ore production, during the first quarter 2012 was 40.5 thousand tonnes (451 tonnes per day) an 87% increase over fourth quarter 2011 production of 21.7 thousand tonnes (241 tonners per day). Ore production is expected to average between 500 and 550 tonnes per day in the second quarter as the Project ramps up over the course of the year. First quarter results are within the guidance ranges disclosed by the Company in its January 25, 2012 press release (below) and the Company expects to perform within those guidance ranges for the balance of the year.

2012 Production and Cost Outlook

--Production of between 6.3 to 7.4 million of payable nickel

--Total cash production costs estimated to be $56.2 to $61.4 million(1)

--Total cash production costs of $6,00 per lb(1) of nickel by year end

About First Nickel Inc.

First Nickel is a Canadian mining and exploration company. The Company's mission is to be the most dynamic North American emerging base metal mining company in which to work and invest and to be respected in the communities in which we operate. FNI is in the process of ramping up production at its Lockerby nickel / copper mine in the Sudbury Basin in northern Ontario. Once the Lockerby Mine reaches full production (expected by end of 2012), it is expected to produce at a rate of approximately 10 million pounds of nickel and approximately 7 million pounds of copper annually, providing a strong base of cash flow from which to grow the Company. In addition to the Lockerby nickel mine, the Company owns exploration properties in the Sudbury Basin, the Timmins region of northern Ontario, and the Belmont region of Eastern Ontario. First Nickel's shares are traded on the TSX under the symbol FNI.

Last: 0.105Range: 0.19-0.04Market Cap: 53 million

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Sunridge Gold Announces Positive Pre-Feasibility Study for the Asmara North Project, Eritrea

Sunridge Gold Corp. (TSX VENTURE:SGC)(OTCQX:SGCNF)

is pleased to announce the completion and positive results of an independent pre-feasibility study (the "Study") by lead engineer Snowden Mining Industry Consultants Inc. ("Snowden") for its 100% owned Asmara North project in Eritrea. The Study has concluded that operating all four deposits of the Asmara Project (Emba Derho, Adi Nefas, Gupo Gold and Debarwa) as an integrated operation with ore being processed at a single central mill is technically feasible and is the optimum economic situation (see Project Map: http://media3.marketwire.com/docs/sgc52.pdf). The Study recommends that the project be advanced to a feasibility study.

Base Case Highlights:

  • Net Present Value ("NPV") of $555 million at a 10% discount (pre-tax base case) (NPV @ 0% discount - $1,642 million)
  • Internal rate of return (IRR) - 27%
  • Payback - 3.5 years
  • Base Case metal prices used - US$3.28/lb copper, US$0.99/lb zinc, US$1,111/oz gold, US$21.00/oz silver
  • Initial capital cost estimate - $489 million including a contingency and owners costs
  • On site operating costs - $25.78 per tonne average through life of mine
  • Average annual metal production -
    • 56.9 million pounds (25,900 tonnes) of copper
    • 136.0 million pounds (61,800 tonnes) of zinc
    • 26,000 ounce of gold
    • 695,000 ounces of silver
  • Total metal production -
    • 804 million pounds (365,000 tonnes) of copper
    • 1.789 million pounds (812,000 tonnes) of zinc
    • 415,000 ounces of gold
    • 11 million ounces of silver
  • Life of Mine - 15.25 years

About Sunridge: Sunridge is a mineral exploration and development company focused on the acquisition, exploration, discovery and development of base and precious metal projects on the Asmara Project in Eritrea and exploration properties in Madagascar. Sunridge currently has approximately 117 million shares outstanding and trades on the TSX Venture Exchange under the symbol SGC.

Last: 0.40Range: 1.02-0.315Market Cap: 46.9 million

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Luxor Continues to Pursue New Wood Product Lines

Luxor Industrial Corporation (Pink Sheets:LXRRF) (TSX-V:LRL)

is pleased to announce the Company's sales for the 12 months ended December 31, 2011 were $3,233,877. Sales increased by 170 % compared to the same period of 2010, which were $1,199,502. Sales for the 3 months ended December 31, 2011 were approximately $970,000 compared to approximately $330,000 for the same period in 2010.

The net income, excluding non-cash items (amortization expense and stock option plan expense), for 2011 was $342,397, compared to a net loss of $231,909 in 2010.

About Luxor Industrial Corporation

Luxor manufactures and markets its patented IBS 2000® and patent pending IBS3000™ engineered bridging. Both enable a floor to act as a system with unparalleled scale of gain in stiffness and rigidity. Luxor has spent years analyzing wood-frame floor construction, establishing itself as a leading authority in wood floor performance engineering.

Last: 0.10Range: 0.19-0.07Market Cap: 2.1 million

MiMedx Group Announces Record First Quarter Results

MiMedx Group, Inc. (OTCBB: MDXG), an integrated developer, manufacturer and marketer of patent protected regenerative biomaterials and bioimplants processed from human amniotic membrane, announced today its results for the quarter ended March 31, 2012.

  • Revenue Increases over 250%

  • Positive Adjusted EBITDA* Achieved for the First Time in Company History

  • Company Achieves Another Reimbursement Milestone for EpiFix®

Highlights of First Quarter 2012 Results

  • The Company recorded record revenue for the first quarter of 2012, with revenue of $3.7 million, a 255% or $2.7 million increase over first quarter of 2011 revenue of $1.0 million, and a 41% increase over fourth quarter of 2011 revenue of $2.6 million.

  • The Company's earnings before interest, taxes, depreciation, amortization and share-based compensation (Adjusted EBITDA*) for the quarter ended March 31, 2012, were a record high of $314,000, a $2.6 million improvement as compared to the Adjusted EBITDA loss of $2.3 million for the first quarter of 2011.

  • The Company also reported record gross margins for the quarter.

Balance Sheet and Other Financials

The Company reported that its current assets increased to $7.1 million at the end of the first quarter, as compared to $6.9 million at December 31, 2011. Current liabilities declined $1.1 million from $7.9 million as of December 31, 2011, to $6.8 million as of March 31, 2012

About the Company

MiMedx® is an integrated developer, manufacturer and marketer of patent protected regenerative biomaterial products and bioimplants processed from human amniotic membrane. "Innovations in Regenerative Biomaterials" is the framework behind our mission to give physicians products and tissues to help the body heal itself. Our biomaterial platform technologies include the device technologies HydroFix® and CollaFix™, and our tissue technologies, AmnioFix® and EpiFix®.

Last Trade: 1.10 52 Week: 1.45 – 0.75 Market Cap: 85.9 Million

Beacon Enterprise Solutions Reports Results for Fiscal Second Quarter 2012

Beacon Enterprise Solutions Group, Inc. (OTCBB: BEAC) (www.askbeacon.com), an emerging global leader in the design, implementation and management of high performance Information Technology Systems ("ITS") infrastructure solutions, reports fiscal second quarter financial results for the period ended March 31, 2012, which are discussed below:

(Logo: http://photos.prnewswire.com/prnh/20101021/DA85933LOGO)

Financial Highlights for the Fiscal Second Quarter and Six Months ended March 31, 2012:

  • Net sales increased 4% for the six months ended to $9.3 million from $9.0 million in the corresponding year-ago period;

  • For the six months ended gross profit increased 38% from $2.6 million to $3.6 million in fiscal 2011 compared to fiscal 2012;

  • Gross profit margins increased 9 basis points to 37% from 28% in Q2 compared with the same period in 2011;

  • For the six-month period, gross profit margins improved to 38% as compared with 29% in the comparable year-ago period;

  • Total operating expenses for the quarter decreased 13% to $2.5 million from $2.8 million in the year-ago second quarter;

  • EBIT (Earnings Before Interest and Taxes) increased for both the three and six month periods in 2012 as compared with 2011, improving 15% for the quarter and 59% for the six months ended.

About Beacon Enterprise Solutions Group, Inc.

Beacon Enterprise Solutions Group is an emerging global leader in the design, implementation and management of high performance Information Technology Systems ("ITS") infrastructure solutions. Beacon offers fully integrated, turnkey IT infrastructure solutions capable of fully servicing the largest companies in the world as they increasingly outsource to reduce costs while optimizing critical IT design and infrastructure management. Beacon is headquartered in Louisville, Kentucky, with regional headquarters in Cincinnati, Ohio, Dublin, Ireland, Prague, Czech Republic and personnel located throughout the United States and Europe.

Last Trade: 0.17 52 WEEK: 0.47 – 0.0831 Market Cap: 6.39 Million

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