Source: Exploits Discovery.

With U.S. inflation falling to 5 per cent YoY in March, Canadian investors are sensing a return of risk-on sentiment.

Statistics Canada’s CPI reading for March, slated for April 18th, is likely to follow the U.S. trajectory, which is down from over 9 per cent in June 2022, given they’re our largest trade partner. This sets the stage for a meaningful drop from the agency’s 5.2 per cent and 5.9 per cent estimates in February and January, respectively.

A rekindling of investor sentiment – despite interest rates’ high probability of remaining above 4 per cent through year end due to strong consumption and employment, or rising should the economy surprise to the upside – would potentially act as a tide that lifts all ships, broadening the appeal of a sector-wide investable universe for the first time since before the COVID pandemic.

This dynamic bodes well for The Market Herald’s investor community, and its focus on more idiosyncratic small and micro cap companies, whose shareholders may be at the beginning of a stretch of positive momentum, should recession fears prove fickle in the face of Canadian inflation’s continued soft landing from 8.1 per cent in June 2022.

With this thesis in mind, here are three stories from growth-oriented companies that received a notable amount of reader attention over the past week:

Exploits Discovery (CSE:NFLD) intercepts near-surface visible gold in Newfoundland

Exploits has intercepted near-surface visible gold averaging 12.55 g/t Au over 3.5 m at its Bullseye Property.

Visible gold grains are present in assay results from 3-of-6 drill holes reported to date in close proximity to the Appleton Fault Zone.

The ongoing program seeks to determine the potential for high-grade gold along Exploits’ 1.2 km segment of the Appleton Fault Zone.

President and CEO, Jeff Swinoga, spoke with Simon Druker about the news.

Exploits Discovery (NFLD) is up by only 30 per cent since inception, leaving plenty of room to run should the company’s Bullseye Target, which is between significant high-grade gold discoveries, prove economical for extraction.

Trillion Energy (CSE:TCF) spuds fifth well at SASB gas field development

Trillion Energy is reporting the spudding of the Bayhanli-2 well at the SASB gas field offshore Turkey.

Bayhanli-2 is the fifth gas well in Trillion’s multi-well drilling program at SASB.

The well targets a prospective gas pool that may require multiple wells to reach full production.

Colin Robson, VP Corporate Development, spoke with Brieanna McCutcheon about the news.

Trillion Energy International (TCF) is up by almost 200 per cent since inception; yet, its market cap is well below the value of its latest estimated reserves.

Voyageur (TSXV:VM) confirms preference for SmoothX in comparative studies

Voyageur has completed comparative studies of SmoothX versus Readi-Cat 2 per cent.

SmoothX is intended for use in computed tomography of the abdomen and pelvis to delineate the gastrointestinal tract.

Results of the double-blind testing showed that SmoothX was favoured on drinkability and taste by 75 per cent of patients, a key finding prior to market launch.

The company plans to offer 13 barium contrast product lines in Canada and the U.S.

CEO Brent Willis spoke with Brieanna McCutcheon about the news.

Voyageur Pharmaceuticals (VM) has been range-bound between $0.05 and $0.10 since inception, suggesting the market’s failure to properly account for the company’s robust medical imaging contrast agent pipeline.

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