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Micro-Caps in Focus; LifeVantage Corp. (LFVN), Liberty Silver Corp. (LBSV), Worthington Energy Inc. (WGAS)

Shares of LifeVantage Corp. (OTC: LFVN), a dietary supplement company, rose sharply in trading today.

LFVN shares ended the day 6.05% higher at $3.33 on above average volume of 541,869. The stock touched an intra-day high of $3.35 in trading today.

LFVN shares have been gaining momentum ahead of the release of company’s fourth-quarter and fiscal year 2012 financial results. LFVN will release the results on September 10, 2012.

Shares of Liberty Silver Corp. (OTC: LBSV), a company focused on exploring and developing mineral properties in North America, rallied in trading today.

LBSV shares ended the day 23.83% higher at $1.06 on above average volume of 2.62 million. The stock touched an intra-day high of $1.07 in trading today. It has gained 32.5% in the last three trading sessions.

Last month, LBSV extended its offer to acquire Sennen Resources Ltd. until September 10, 2012.  CEO Geoff Browne said last month that LBSV remains confident that tendering to its offer represents the best value for Sennen shareholders rather than maintaining status quo. Browne said that Sennen’s Board formed a special committee and hired financial and legal advisers more than a month ago to examine LBSV’s offer and the special committee has yet to come up with a superior or indeed any alternative proposal.

Shares of Worthington Energy Inc. (PINK: WGAS), an oil and gas exploration and production company with assets in Texas and in the Gulf of Mexico, surged in trading today.

WGAS shares ended the day 29.03% higher at $0.0120 on above average volume of 15.23 million. The stock has gained 53.85% in the last three trading sessions.

WGAS shares rallied in trading today after the company announced that the I-1 well, in which it has a 10.35% interest, has begun initial production. Tony Mason, President and CEO of Worthington Energy, said that initial flow rates from the I-1 well have been good. Mason added that the company is currently opening the well up only for day-time production under supervision from its contract operators, The Wood Group.


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