Subject: Smallcap Discoveries: Weekly Update April 19th to 23rd

Smallcap Discoveries:

Weekly Update April 19th to 23rd
Smallcap Discoveries Select Portfolio

AirIQ (IQ-TSX.V) Price - $0.31 Market Cap - $9M
Renoworks (RW-TSX.V) Price - $0.50 Market Cap - $18M
Vitality Products (VPI-TSX.V) Price - $0.285 Market Cap - $12M
Atlas Engineered Products (AEP-TSX.V) Price - $0.30 Market Cap - $17M
Aurora Solar Technologies (ACU-TSX.V) Price - $0.29 Market Cap - $38M
BeWhere Holdings (BEW-TSX.V) Price - $0.255 Market Cap - $22M
  • BeWhere Holdings Inc. and Nika Industries LLC Awarded GPS Tracking Contract for New York City
  • Press Release https://tinyurl.com/8ukvtu5m
  • BeWhere Holdings Inc. Reports 2020 Fiscal Year-End Financial Results
  • Q4 Revenue of $1.83M
  • Q4 Gross profit of $562K
  • Q4 Net loss ($1.87M) ** Impairment charge of ($1.89M)
  • Q4 Adjusted EBITDA of $180K
  • FY Revenue of $M
  • FY Recurring revenue of $3.09M
  • FY Gross profit of $1.66M
  • FY Net loss of ($1.97M)
  • FY Adjusted EBITDA of $365K
  • Press Release https://tinyurl.com/krsz9eax
Immunoprecise Antibodies (IPA-TSX.V) Price - $11.88 Market Cap - $227M
Route One Inc (ROI-TSX.V) Price - $0.74 Market Cap - $30M
Smallcap Discoveries Select Watchlist

Aequus Pharmaceuticals (AQS-TSX.V) Price - $0.185 Market Cap - $24.5M
  • Aequus to Present at the 2021 Bloom Burton & Co. Healthcare Investor Conference
  • Press Release https://tinyurl.com/unzc8z8h
  • Aequus Provides General Update and Reports Record 2020 Financial Results
  • Q4 Revenue of $851K
  • Q4 Net loss of ($165K)
  • FY Revenue of $2.56M
  • FY Net loss of ($1.04M)
  • Press Release https://tinyurl.com/8dvrre8
Gatekeeper Systems (GSI-TSX.V) Price - $0.85 Market Cap - $76M
  • Gatekeeper's PaaS Solution OEM-Installed by a Top 10 School District in Louisiana
  • Press Release https://tinyurl.com/a2wwwmke
  • Gatekeeper Launches SaaS-Based Video Management Software Solution, Announces First School District Customer Deployment
  • Press Release https://tinyurl.com/44wjb59w
Thermal Energy International (TMG-TSX.V) Price - $0.215 Market Cap - $35M
  • Thermal Energy International Announces Stand Out Order Intake and Growing Order Backlog in Third Quarter Results
  • Q3 Revenue of $3.7M
  • Q3 EBITDA of $172K
  • Q3 Net loss of ($34K)
  • Backlog of $6.1M
  • Press Release https://tinyurl.com/pmc98xam
UGE International (UGE-TSX.V) Price - $1.85 Market Cap - $57M
Vitalhub (VHI-TSX.V) Price - $2.82 Market Cap - $102M
GBLT Corp (GBLT-TSX.V) Price - $0.38 Market Cap - $43M
Innovotech (IOT-TSX.V) Price - $0.155 Market Cap - $6M
  • Innovotech Reports Profitable 2020 Year-End Results
  • Q4 Revenue of $381K
  • Q4 Net income of $6K
  • FY Revenue of $1.19M
  • FY Net income of $106K
  • Press Release https://tinyurl.com/2uz2c2hs
Katipult Technologies (FUND-TSX.V) Price - $0.285 Market Cap - $20M
  • Katipult Releases 2020 Results
  • Q4 Revenue of $329K
  • Q4 Adjusted EBITDA loss of ($289K)
  • Q4 Net income of $239K
  • FY Revenue of $1.31M
  • FY Gross profit of $1M
  • FY Net loss of $1.87M
  • Press Release https://tinyurl.com/2wxwft2p
Legend Power Systems (LPS-TSX.V) Price - $0.84 Market Cap - $86M
Medicure Pharmaceuticals (MPH-TSX.V) Price - $1.59 Market Cap - $16.6M
  • Medicure Reports Financial Results for Quarter and Year Ended December 31, 2020
  • Q4 Revenue of $2.4M
  • Q4 Adjusted EBITDA loss of ($2.9M)
  • Q4 Net loss of ($4.4M)
  • FY Revenue of $11.6M
  • FY Adjusted EBITDA loss of ($3.9M)
  • FY Net loss of ($6.8M)
  • Press Release https://tinyurl.com/5zs6xp7m
NexJ Systems (NXJ-TSX.V) Price - $0.55 Market Cap - $12M
Boardwalktech Software (BWLK-TSX.V) Price - $1.19 Market Cap - $50M
Quorum (QIS-TSX.V) Price - $1.15 Market Cap - $84M
  • Quorum Announces 2020 Results
  • Q4 Revenue of $8.3M
  • Q4 Adjusted EBITDA of $1.5M
  • Q4 Net loss of ($0.5M)
  • FY Revenue of 30.8M
  • FY Adjusted EBITDA of $4.9M
  • FY Net loss of ($1.85M)
  • Press Release https://tinyurl.com/kdrbstbd
Titan Logix (TLA-TSX.V) Price - $0.465 Market Cap - $13M
  • Titan Logix Corp. Reports Fiscal 2021 Q2 Financial Results
  • Revenue of $749K
  • Gross profit of $353K
  • Net loss of ($65K)
  • Press Release https://tinyurl.com/8b9cd5t6
Ceapro (CZO-TSX.V) Price - $0.71 Market Cap - $55M
  • Ceapro Inc. Reports Fourth Quarter and Full Year 2020 Financial Results and Operational Highlights
  • Q4 Revenue of $2.7M
  • Net loss of ($539K)
  • FY Revenue of $15.12M
  • FY Gross margin of $7.6M
  • FY Net income of $1.85M
  • Press Release https://tinyurl.com/382febya
Circa Enterprises (CTO-TSX.V) Price - $1.15 Market Cap - $12M
Microbix (MBX-TSX) Price - $0.68 Market Cap - $75M
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