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 10th, 2012, 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 ... or click on the image below.

FieldPoint Petroleum Reports Record Quarter; Plans To Drill Second Lea County, New Mexico Well

FieldPoint Petroleum Corporation (NYSE AMEX:FPP) announced today its first quarter financial results for the three months ended March 31, 2012.

Financial Highlights for the Three Months Ended March 31, 2012 Compared to the Three Months Ended March 31, 2011:

lTotal Revenues increased 89% to $3,262,620 from $1,727,611;

lNet Income increased 108% to $783,505 from $377,267; and

lEarnings per share, both basic and fully diluted increased to $0.10 from $0.05

lDaily Production increased 84% to 422 BOEPD from 229 BOEPD.

About

FieldPoint Petroleum Corporation is engaged in oil and gas exploration, production and acquisition, primarily in Louisiana, New Mexico, Oklahoma, Texas and Wyoming. For more information, please visit www.fppcorp.com.

Last Trade: 3.4052 Week: 6.00 – 1.72Market Cap: 27.14 Million

Feihe International, Inc. Reports First Quarter 2012 Financial Results

Feihe International, Inc. (NYSE: ADY; "Feihe International" or the "Company"), one of the leading producers and distributors of premium infant formula, milk powder, and soybean, rice and walnut products in China, today announced financial results for the first quarter of 2012. The Company will hold a conference call today at 8:00 am ET.

First Quarter 2012 Financial Highlights:

lRevenue of $62.9 million in 1Q 2012 vs. $67.7 million in 1Q 2011:

lGross profit increased to $34.0 million, or 39.3%, in 1Q 2012 vs. $24.4 million in 1Q 2011, and up from $30.9 million in 4Q 2011

lGross margin was 54.0% in 1Q 2012 vs. 36.0% in 1Q 2011, up from 35.5% in 4Q 2011

lIncome from operations was $9.7 million in 1Q 2012 vs. $5.0 million in 1Q 2011, and up significantly from a loss of $3.8 million in 4Q 2011

lNet income was $8.3 million in 1Q 2012 vs. $4.7 million in 1Q 2011, and up significantly from a loss of $10.5 million in 4Q 2011

lDiluted net income (loss) from continuing operations per common share ("EPS") was $0.40 in 1Q 2012 vs. $0.23 in 1Q 2011, and up significantly from $(0.31) in 4Q 2011

About Feihe International, Inc.

Feihe International, Inc. (ADY) is one of the leading producers and distributors of premium infant formula, milk powder, and soybean, rice and walnut products in the People's Republic of China. Feihe International conducts operations in China through its wholly owned subsidiary, Feihe Dairy, and other subsidiaries. Founded in 1962, Feihe Dairy is headquartered in Beijing, China, and has processing and distribution facilities in Kedong, Qiqihaer, Gannan, Longjiang, Shanxi, and Langfang.

Last Trade: 5.8752 Week: 12.00- 2,22Market Cap: 115.72 Million

Rare Earth Metals Releases Resource Estimate for Lavergne-Springer REE Zone

Rare Earth Metals Inc. ("Rare Earth Metals", "RA" or the "Company") (TSX VENTURE:RA) (OTCQX:RAREF)(PINKSHEETS:RAREF)

is pleased to announce an initial NI 43-101 compliant independent resource estimate for the Lavergne - Springer REE Deposit. The property is located in Springer Township in northwestern Ontario, immediately north of the Town of Sturgeon Falls and 80 km east of Sudbury, Ontario. The resource estimate was prepared by Tetra Tech Wardrop (Tetra Tech) of Toronto, Ontario. RA owns a 100% interest in the Mineral Rights to the 128 hectare patent, covering the prospect, subject to staged payments of $217,000 over three years; the owners will retain a 1% NSR (Net Smelter Royalty) and the Company will have the right to purchase half of this for $1,000,000. RA owns 100% of the Surface Rights to the eastern half of the Patent (64 hectares) which hosts the deposit.

Highlights:

• 4.167 million tonnes grading at 1.14 % total rare earth oxide (TREO), at a 0. 9% TREO cut-off grade in the indicated category.
• 12.732 million tonnes grading at 1.17 % TREO, at a 0. 9% TREO cut-off grade in the inferred category.
• Neodymium content is 17% of the TREO in the indicated category and 15.6% in the inferred category.
• The resource calculation is based on 5,619 m of drilling in 20 holes, and 3,087 assay samples covering approximately 800 metres of strike length to an average depth 250 metres.
• Resource areas remain open along multiple directions and to depth.
• Additional drilling is recommended for the next phase of exploration to add to the confidence level of the inferred and indicated reserves and to build on the reserve base.

About Rare Earth Metals Inc.

Rare Earth Metals is a well-funded company with a focus on exploring for Rare Earth Element deposits. The Company's shares are listed on the TSX-V exchange under the symbol RA and the OTCQX exchange under the symbol RAREF. The Company presently has three advanced projects in Ontario and Newfoundland and Labrador, exhibiting multi element potential (REEs, Niobium, Beryllium, Zirconium and Iron Ore).

Last: 0.07Range: 0.35-0.07Market Cap: 6 million

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Eagle Hill Continues to Intersect Near Surface-High Grade Gold With 14.55 g/t Gold Over 9.7 Meters at Windfall Lake

Eagle Hill Exploration Corporation (TSX VENTURE:EAG)

is releasing the final assay results from its now completed 25,000 meter drill program on the Windfall Lake Gold Deposit located in the Abitibi gold belt of northern Quebec. Once again, the new results confirm the continued high grade, near surface gold mineralization and expand the size of Zone 27 Upper Extension to the east in areas that were not included in the mineral resource estimate published in November 2011.

News Release highlights

--Open Pit potential for the Upper Extension of Zone 27 warrants future investigation. 
This scenario has merit because of the numerous resultsshowing consistent near 
surface, high grade gold mineralization over anear surface strike length of 
300 meters and horizontal widths of up to36 meters.

--The assay results of the Upper Extension of Zone 27 include 14.55

g/t Gold over 9.74 meters and 6.6 g/t Gold over 2.2 meters. The two

drill-holes are located approximately 200 meters to the east of

drill-hole EAG-12-318 (22.85 g/t Gold over 25.0 meters); 

--Additional near surface intercepts, parallel to the Upper Extension of

Zone 27, include 5.2 g/t Gold over 8.8 meters; 

About Eagle Hill Exploration Corporation

Eagle Hill Exploration Corporation is a Canadian mineral exploration company focused on the exploration and development of gold and precious metal prospects. The Company is set to become an advanced stage gold exploration company with its acquisition of the Windfall Lake high grade gold project, located in Urban Township, Quebec, between Val-d'Or and Chibougamau. Eagle Hill seeks projects that contain or have potential to have large resource potential. The Company's website at www.eaglehillexploration.com and public filings at www.sedar.com provide additional information on its properties and other information with respect to its management and operations.

Last: 0.13Range: 0.23-0.115Market Cap: 20.3 million

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