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 8th, 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.

BHP Billiton Expands Hearing Protection Contract in Australia

SonomaxTechnologies Inc.(“Sonomax” or the “Company”) (TSX Venture: SHH) today announced that BHP Billiton Iron Ore (BHP: NYSE), through its distributor Australasian Safety Services Inc., has agreed to protect an additional 4,000 workers in its facilities in Western Australia, a contract valued at $600,000. The product used to protect these workers will be the existing V3 ProFit version. BHP Billiton Iron Ore has the potential of an additional 8,000 workers to be protected with the new V5, currently in the final stages of development and testing.

“This breakthrough is made possible by the hard work of distribution partners like Michael Dean”

Said Michael Dean, CEO of Australasian Safety Services, “Our company has been servicing the mining industry for over 5 years now and we are finally starting to gain serious traction with this customer base who is very dedicated to health & safety. We are extremely proud to count BHP as one of our largest customers in Australia. The Sonomax product is now a proven commodity in the mining sector. This agreement is a result of extensive testing over the years. We are excited to get our hands on the V5 this fall to service this customer base of over 200,000 workers.”

“We are happy to report such an important contract to our shareholders for many reasons. Sonomax is much more than earphones. Hearing protection and the prevention of hearing loss has always been the heart of the company. There are over 100M workers around the world who are at risk and miners are at the top of that list. With a commitment to excellence from top mining companies like BHP and our new robust self-fit scalable product line, we will be able to protect a great number of these workers from losing their hearing,” said Nick Laperle, Sonomax’s CEO. “This breakthrough is made possible by the hard work of distribution partners like Michael Dean,” added Laperle.

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Aquila Identifies Significant New Gold Mineralization at Reef Gold Project

Aquila Resources Inc. (TSX:AQA)(OTCQX:AQARF)(FRANKFURT:JM4A)

announces initial results from the winter drill program at its 100 percent owned Reef Gold project ("Reef") in Marathon County, Wisconsin. The Reef project resides in the world-class Penokean Volcanic belt, which includes Aquila's Back Forty VMS project and Bend Copper-Gold deposit.

Highlighted drill intercepts from the 2012 drill program at Reef include:

--7.75 meters of 3.21 g/t gold in R12-26

--4.34 meters of 2.02 g/t gold in R12-29

--42.15 meters of 0.99 g/t gold in R12-30

--18.15 meters of 1.62 g/t gold in R12-30

About Aquila Resources Inc.

Aquila Resources Inc. (TSX:AQA)(OTCQX:AQARF)(FRANKFURT:JM4A) is a mineral exploration Company focused on the discovery and development of high grade base and precious metal projects in highly prospective regions of North America. The Company is rapidly expanding its presence and moving towards an interest in production on its flagship Back Forty Project through a joint venture with HudBay Minerals Inc. (TSX:HBM)(NYSE:HBM). The Company has also positioned itself for future growth by acquiring new base metal deposits under an Exploration Alliance with HudBay as well as through the acquisition of 100% owned precious metal exploration properties. Leading the way is an experienced management and technical team that have identified significant high grade base and precious metal properties.

Last: 0.315Range: 0.74-0.315Market Cap: 28 million

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Endeavour Silver Reports Record Adjusted Earnings for Q1, 2012, Up 35% to $19.6 Million Compared to Q1, 2011; Revenues Up 39% to $49.0 Million, Cash Flow Up 96% to $28.8 Million

Endeavour Silver Corp. (TSX:EDR)(NYSE:EXK)(FRANKFURT:EJD)

announced today its financial and operating results and unaudited financial statements for the First Quarter, 2012. Endeavour owns and operates two high-grade, underground, silver-gold mines in Mexico, the Guanacevi Mines in Durango State and the Guanajuato Mines in Guanajuato State.

The Company reported record adjusted earnings (a non-IFRS measure) of $19.6 million ($0.22 per share) in the First Quarter, 2012. Net earnings (an IFRS measure) were $19.8 million and operating cash-flow was $30.0 million from revenues totaling $49.0 million. Silver sales averaged $33.10 per ounce (oz) and the cash costs of production were $6.26 per oz net of gold credits, generating a gross margin of $26.84 per oz of silver produced in Q1, 2012.

Highlights of First Quarter, 2012 (Compared to Q1, 2011)

--Adjusted Earnings(1) rose 35% to $19.6 million ($0.22 per share)

compared to $14.5 million ($0.18 per share) 

--Net Earnings increased to $19.8 million ($0.23 per share) compared to

$0.5 million ($0.01 per share) 

--Operating Cash-Flow jumped 96% to $28.8 million 

--Mine Operating Cash-Flow(1) climbed 30% to $32.0 million 

--Revenues escalated 39% to $49.0 million 

--Working Capital improved to $158.5 million, up 30% from $121.5 million 

--Silver production up 19% to 1,072,491 ounces (oz) 

--Gold production up 26% to 6,321 oz 

About the company

Endeavour Silver Corp. (NYSE: EXK, TSX: EDR, FRANKFURT: EJD) is a mid-cap silver mining company focused on the growth of its silver production, reserves and resources in Mexico. Since start-up in 2004, Endeavour has posted seven consecutive years of aggressive silver production and resource growth. The organic expansion programs now underway at Endeavour's two operating silver mines in Mexico combined with its strategic acquisition program should help Endeavour achieve its goal to become a premier, mid-tier silver mining company.

Last: 8.17Range: 13.10-7.30Market Cap: 717 million

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Richmont Intercepts 6.40 g/t Au Over 52.8 Metres in Wasamac Main Zone, and Announces Five Focus Areas to Improve Project Economics

Richmont Mines Inc. (TSX:RIC)(NYSE Amex:RIC),

is pleased to announce results from more than 10,000 metres of drilling on its Wasamac property (the "Property") and 4,000 metres on the adjacent Globex option.

Greg Chamandy, Executive Chairman of Richmont Mines, commented: "We are very pleased to report that drilling at Wasamac continues to yield very promising results, reinforcing our belief that the Wasamac property has great future potential for Richmont and its shareholders. We look forward to improving the economics of the project by means of five key focus areas, and maintain our belief that Wasamac has the potential to catapult Richmont into the intermediate producer category. We look forward to updating the market with new developments throughout 2012, and it is our goal to issue a revised preliminary economic assessment with improved and more robust economics as soon as the project is fully optimized."

Highlights:

• New 2012 drill results include: 6.40 g/t Au over 52.80 metres, 2.83 g/t Au over 71.76 metres and 4.61 g/t Au over 34.94 metres in the Main Zone, 3.80 g/t Au over 7.01 metres, 3.37 g/t Au over 9.45 metres and 5.16 g/t Au over 11.11 metres in Zone 2, and 5.19 g/t Au over 7.81 metres in Zone 3 (all cut grades and true widths);
• 7.09 g/t Au over 5.22 metres, 4.07 g/t Au over 4.44 metres and 1.87 g/t Au over 9.24 metres in newly discovered Zone 4 which is located on the boundary of the Wasamac property and the Globex option;
• Richmont has identified 5 key focus areas that will be assessed to improve the project economics;
• The 2012 drilling program will include approximately 55,000 metres, and will now focus primarily on the Main Zone, Zone 3 extension and the optioned Globex claims.

About Richmont Mines Inc.

Richmont has produced over 1,200,000 ounces of gold from its operations in Quebec, Ontario and Newfoundland since beginning production in 1991. The Corporation currently produces gold from its Island Gold and Beaufor mines, and is currently advancing its Francoeur Mine to commercial production, which should increase Richmont's production to an annual rate of approximately 100,000 ounces of gold. With extensive experience in gold exploration, development and mining, the Corporation is well positioned to cost-effectively build its Canadian reserve base through a combination of organic growth, strategic acquisitions and partnerships.

Last: 6.47Range: 13.39-6.18Market Cap: 217 million

Key Company milestones expected in the near term are:

• Ongoing results from drilling at Radio Hill Iron Project
• Completion of Radio Hill resource estimate
• Announcement of additional JVs or other partnerships on non-core assets
• Appointment of key personnel to technical and management teams

Last: 0.19Range: 0.35-0.135Market Cap: 7 million

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Net income for the first quarter of 2012 was $363,498, a 51% improvement over the net income of approximately $240,071 for the comparable quarter in 2011.

Liquidity and Capital Resources

Consolidated cash, cash equivalents and accounts receivables totaled over $698,000 on March 31, 2012 compared to $631,000 as of December 31, 2011.

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: 0.067 52 Week: 0.156 – 0.056 Market Cap: 5.24 Million

Zynex Announces First Quarter 2012 Financial Results

Zynex, Inc. (OTCBB: ZYXI), a provider and developer of non-invasive medical devices for electrotherapy and stroke rehabilitation, neurological diagnosis and cardiac monitoring, announces its first quarter 2012 unaudited financial results.

The Company’s total net revenue increased 35% to $8,944,000 for the three months ended March 31, 2012 from $6,633,000 for the three months ended March 31, 2011.

The Company reported a gross profit of $7,131,000, or 80% of net revenue, for the first three months of 2012, as compared to a gross profit of $5,189,000, or 78% of net revenue, for the first three months of 2011.

The Company generated net income of $320,000, or $0.01 per share in the first quarter of 2012, versus a net loss of $110,000, or less than $0.01 per share in the first quarter of 2011.

About Zynex

Zynex (founded in 1996), operates under three primary business segments; Zynex Medical, Zynex NeuroDiagnostics and Zynex Monitoring Solutions. Zynex Medical engineers, manufactures, markets and sells its own design of electrotherapy medical devices for electrotherapy, used for pain management and rehabilitation. Zynex Medical’s product lines are fully developed, FDA-cleared and commercially sold world-wide.

Last Trade: 0.75 52 Week: 1.02 – 0.55 Market Cap: 23.31 Million

Vertex Energy Reports a 71% Increase in Revenue for the First Quarter of 2012 Compared to First Quarter 2011

Vertex Energy, Inc. (OTCBB:VTNR), an environmental services company that recycles industrial waste streams and off-specification commercial chemical products, today announced its financial results for the first quarter ended March 31, 2012.

Financial highlights for Q1 2012 include:

• Revenue increased 71% to $34.8 million for the first quarter of 2012 versus $20.3 million in Q1 2011;

• Gross profit for the quarter increased to $2.89 million, a 27% increase over the $2.27 million reported in the same period last year;

• Income from operations improved 36% to $1.69 million, compared with $1.24 million reported during the first quarter of last year;

• Net income for the first quarter of 2012 improved to $1.57 million or $0.10 per fully diluted share, compared with net income of $1.2 million or $0.09 per fully diluted share in Q1 2011. This represents a 32% increase in net income; and

• Company-wide sales volumes increased 36% in Q1 2012 versus Q1 2011.

ABOUT VERTEX ENERGY, INC.

Vertex Energy, Inc. (OTCBB:VTNR), is a leading environmental services company that recycles industrial waste streams and off-specification commercial chemical products. Its primary focus is recycling used motor oil and other petroleum by-product streams. Vertex Energy purchases these streams from an established network of local and regional collectors and generators. The company also manages the transport, storage and delivery of the aggregated feedstock and product streams to end users, and manages the re-refining of a portion of its aggregated petroleum streams in order to sell them as higher-value end products.

Last Trade: 1.80 52 Week: 4.00 – 1.24 Market Cap: 17 Million