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 April 2nd, 2012, and we’ve found 11 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.

ENSERVCO Reports Full-Year Revenue of $24.7 Million, up 32% From 2010; Adjusted EBITDA* Improves 47% to $3.1 Million Versus Prior Year

ENSERVCO Corporation (OTCQB: ENSV) (OTCBB: ENSV), a provider of well-site services to the domestic onshore conventional and unconventional oil and gas industries, today reported financial results for its fiscal year and fourth quarter ended December 31, 2011.

Full Year Results

lFull-year revenue increased 32% to $24.7 million from $18.6 million in 2010.

lGross margin during 2011 improved to 24% from 23% in fiscal 2010.

lENSERVCO reported a full-year loss from operations of $2.2 million versus an operating loss of $2.3 million in 2010.

lAdjusted EBITDA* for fiscal 2011 improved 47% to $3.1 million from $2.1 million

Fourth Quarter Results

ñFourth quarter revenue increased 6% to $6.4 million from $6.0 million in the fourth quarter of 2010.

ñGross profit margin was 21% versus 28% in the 2010 fourth quarter.

ñOperating loss was $1.0 million versus a loss from operations of $41,000 in prior year's fourth quarter. Net loss was $872,000, or $0.04 per diluted share, versus a net loss of $163,000, or $0.01 per diluted share, in the same period of 2010.

About ENSERVCO
Through its various operating subsidiaries, ENSERVCO has rapidly emerged as one of the energy service industry's leading providers of hot oiling, acidizing, frac heating and fluid management services. The Company owns and operates a fleet of more than 245 specialized trucks, trailers, frac tanks and related well-site equipment. ENSERVCO operates in Colorado, Kansas, Montana, New Mexico, North Dakota, Oklahoma, Pennsylvania, Texas, Utah, Wyoming and West Virginia.

Last Trade: 0.8452 WEEK: 1.50 – 0.5828Market Cap: 18.29 Million

Geoff High
Pfeiffer High Investor Relations, Inc.
303-393-7044

Freegold Intersects 1.19 g/t Gold over 132.7 metres Golden Summit Project, Alaska

Freegold Ventures Limited (TSX: FVL, Frankfurt: FR4N)

is pleased to report the results from its ongoing drill program on the Golden Summit Project located near Fairbanks, Alaska where drilling is presently underway with two core rigs in the Dolphin deposit area.

Hole GSDL12-01 is the first hole of the 2012 program in the Dolphin Zone and returned 314.1 metres averaging 0.69 g/t Au. It is a 60 metre step out to the north of hole GSDC 11-43 which intersected 200.3 metres of 0.85 g/t Au. The results of hole DL 12-01 also confirm that the mineralization remains open at depth and to the west and south. Additional drilling is planned to expand on the mineralization encountered in hole GSDL12-01

About Freegold Ventures Limited

Freegold is a TSX listed company focused on the exploration of gold projects in Alaska. In addition to the Golden Summit Gold Project, the company holds a 100% in lease interest in the Rob Gold Project near the Pogo Gold Mine in the Goodpaster Mining District of Alaska and has an exploration agreement with option to lease the Vinasale Gold project in central Alaska.

Last: 0.77Range: 1.35-0.50Market Cap: 74 million

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Lake Shore Gold Announces Reserve Estimate for Timmins West Mine, New Reserve to Support Next Five Years of Production

Lake Shore Gold Corp. (TSX:LSG)(NYSE Amex:LSG)

today announced a new reserve estimate for the Company's Timmins West Mine, located 18 kilometres west of the Timmins, Ontario. Timmins West Mine is a commercial producing underground mining operation involving the extraction of ore from two adjacent deposits, Timmins Deposit and Thunder Creek Deposit. The new reserve estimate for the Timmins West Mine includes 823,848 ounces Au (4,922,180 tonnes grading 5.21 gpt), all in the probable reserve category. The reserves were estimated from the conversion of existing indicated resources totaling 1,122,500 ounces (5,826,000 tonnes grading 5.99 gpt). Current inferred resources of 791,500 ounces (4,272,000 tonnes grading 5.76 gpt) were not included in the reserve calculation.

• Probable reserve estimate includes 823,848 ounces (4,922,180 tonnes @ 5.21 grams per tonne ("gpt")), level of reserves consistent with Company's objective of maintaining 3 to 5 years of reserves ahead of production
• Estimate represents 73% conversion of ounces from existing indicated resources, grades in line with estimates used for previously released Preliminary Economic Assessment
• Ongoing drilling and other work to target additional conversion of resources to reserves, upgrading inferred resources to indicated and adding new resources through continued exploration success

About Lake Shore Gold

Lake Shore Gold is a gold mining company that is in production and pursuing rapid growth through the successful exploration, development and operation of three wholly owned, multi-million ounce gold complexes in the Timmins Gold Camp. The Company is in commercial production at both the Timmins West and Bell Creek mines, with material being delivered for processing to the Bell Creek Mill. A 50% mill expansion, to 3,000 tonnes per day, is advancing towards completion by late 2012. The Company continues to have an active drilling program aimed at supporting current operations and evaluating high-priority exploration targets around the Timmins Camp. The Company's common shares trade on the TSX and NYSE Amex under the symbol LSG.

Last: 1.03Range: 4.32-1.02Market Cap: 422 million

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New Millennium Iron Corp.: Drilling Results for Lac Ritchie Property Increase Resource Estimate by 3.3 Billion Tonnes

New Millennium Iron Corp. (TSX:NML)

today unveiled drilling results from its Lac Ritchie property in Northern Quebec. Data collected from its 40-hole (3,810 meter) 2011 drilling program bring 3.330 billion tonnes of Indicated Mineral Resources and an additional 1.437 billion tonnes of Inferred Mineral Resources as shown in Table 1 below.

"We are very pleased and excited by these results as they provide even more compelling evidence that our Lac Ritchie site holds tremendous potential that rivals our KéMag and LabMag deposits," said Dean Journeaux, NML's President and CEO.

About New Millennium

The Corporation controls the emerging Millennium Iron Range, located in the Province of Newfoundland and Labrador and in the Province of Quebec, which holds one of the world's largest undeveloped magnetic iron ore deposits. In the same area, the Corporation and Tata Steel Limited, one of the largest steel producers in the world, are advancing a Direct Shipping Ore ("DSO") Project to near term production. Tata Steel Limited owns approximately 27% of New Millennium and is the Corporation's largest shareholder and strategic partner.

Last: 2.21Range: 3.66-0.90Market Cap: 393 million

Lachlan Star Announces Drill Results from Its CMD Gold Mine Including 157M Grading 0.72 g/t Au and 139M Grading 0.68 g/t Au

Gold miner, Lachlan Star Limited (TSX:LSA)(ASX:LSA)

is pleased to announce further drill results from its 100% owned CMD Gold Mine in Chile.

Highlights from the drill program include:

Tres Perlas Deposit

• 157m grading 0.72 g/t from 25m downhole in RCH 2012-44
• 139m grading 0.68 g/t Au from 36m downhole in RCH 2012-51
• 152m grading 0.50 g/t Au from 35m downhole in RCH 2012-49, including 30m grading 1.01 g/t Au from 61m downhole
• 119.1m grading 0.44 g/t Au from 51.9m downhole in DDH2012-42
• 52m grading 0.34% Cu from 25m downhole in DDH 2012-45
• 74m grading 0.76 g/t Au from 142m downhole in DDH 2012-45, with 64m grading 0.13% Cu from 142m downhole

About the company

Lachlan Star Limited is an emerging minerals exploration and development company headquartered in Perth, Western Australia. The company is focused on acquiring and developing assets within the gold, copper and bulk commodities sectors within Australia and overseas. The company has a board of directors and management team with an impressive track record of advancing resource projects through to production.

Last: 1.49Range: 1.78-0.83Market Cap: 112 million

Lupaka Gold Corp. Files NI 43-101 Technical Report for the Updated Mineral Resource Estimate on its Crucero Gold Project

Lupaka Gold Corp. ("Lupaka Gold" or the "Company") (TSX:LPK)

is pleased to announce that a technical report for the updated mineral resource estimate announced on March 5, 2012 has been filed on SEDAR on March 30, 2012, in compliance with National Instrument 43- 101. The technical report is available under the Company's profile on SEDAR (www.sedar.com) and can also be viewed on Lupaka Gold's website at www.lupakagold.com.

The updated resource estimate was prepared by Wardrop Tetra Tech. The following table summarizes resources estimated at a 0.4 g/t threshold (cut-off), effective as at March 2, 2012:

ResourceAU CAP AU CAP

CategoryTonnesg/t(i)oz(i)

-------------------------------------------------------------

Indicated34,641,0001.031,145,000

Inferred28,966,0000.69647,000

About the Company

Lupaka Gold is aggressively exploring and developing the Crucero Gold Project, its 5,500 hectare gold property located in southern Peru. The Company, based in Vancouver, Canada, is project operator and holds a 100% interest in the property. The Company began exploring at Crucero in April 2010. In addition to the existing resource, Lupaka Gold has identified several exploration targets within the Crucero Property that display similar anomalous characteristics. Lupaka Gold is led by a strong management team with a proven ability to develop, finance and operate mining projects.

Last: 1.23Range: 1.47-0.90Market Cap: 54.9 million

Passport Potash Announces New NI 43-101 Compliant Mineral Resource of 713.4 Million Tonnes Which Includes an Indicated Mineral Resource of 125.6 Million Tonnes

Passport Potash Inc. (TSX VENTURE:PPI)(OTCQX:PPRTF)

is pleased to announce the receipt of a NI 43-101 compliant mineral resource estimate by ERCOSPLAN Ingenieurgesellschaft Geotechnik und Bergbau mbH (ERCOSPLAN), a consulting and engineering firm, specialized in the potash and salt industry, headquartered in Erfurt, Germany, for its Holbrook Basin property in Northern Arizona. This initial resource estimate consists of 125.6 million tonnes of indicated mineralized material with an average KCl grade of 14.29% (equivalent to an Indicated Resource of 17.96 million tonnes of KCl) and 587.8 million tonnes of inferred mineralized material with an average KCl grade of 12.20% (equivalent to an Inferred Resource of 71.71 million tonnes of KCl). It is important to note that at present the estimated resources cover only about 40% of the Company's current holdings.

About Passport Potash Inc.

Passport Potash Inc. is a publicly-traded corporation engaged in the exploration and development of advanced potash properties with its major focus on a previously explored potash property in Arizona. Passport has acquired a strategic position in the Holbrook Basin with land holdings encompassing over 81,315 acres. For more information on our company, please visit www.passportpotash.com.

Last: 0.28Range: 0.80-0.165Market Cap: 47 million

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Tigray Drills 31.75 Metres of 1.84% Copper, 0.83 Grams per Tonne Gold, 17 Grams per Tonne Silver and 7.03% Zinc at Terakimti Prospect, Harvest Project, Ethiopia

Tigray Resources Inc. (TSX VENTURE:TIG)

reports new diamond drill results at the Terakimti volcanogenic massive sulfide (VMS) copper-gold discovery on the Company's Harvest project in northern Ethiopia. Four separate VMS lenses have been discovered at Terakimti over a strike length of 800 metres. Recent drilling has extended mineralization along strike and down dip, with the system remaining open in these directions.

Highlights

• The high-grade copper-gold Southern Lens has been extended 80 metres along strike to the north (TD043).
• Drilling of the Central Lens has intersected high-grade VMS mineralization to 265 metres down hole (TD051) and the target remains open at depth.

Important New Drill Intercepts

• Hole TD051 - 29.95 metres of 1.29% copper, 1.09 grams per tonne gold, 19 grams per tonne silver and 1.87% zinc, from 233.35 metres, including 13.3 metres of 2.52% copper, 1.98 grams per tonne gold, 36 grams per tonne silver and 3.48% zinc in the Central Lens from 242.95 metres.
• Hole TD043 - 47.8 metres of 1.01% copper, 0.7 grams per tonne gold, 6 grams per tonne silver and 0.72% zinc from 147.7 metres, including 17.45 metres of 2.15% copper, 1.11 grams per tonne gold, 10 grams per tonne silver and 0.42% zinc from 174.2 metres, which extends the Southern Lens 80 metres to the north.
• Hole TD025 - 31.75 metres of 1.84% copper, 0.83 grams per tonne gold, 17 grams per tonne silver and 7.03% zinc from 93.85 metres, including 11.9 metres of 3.08% copper, 1.06 grams per tonne gold, 20 grams per tonne silver and 9.54% zinc from 110.5 metres.

About Tigray

Tigray is a Canadian mineral exploration company focused on discovery through advancing early-stage mineral projects in Ethiopia. Tigray's key property is the 70%-owned Harvest polymetallic VMS exploration project, which covers 362 square kilometres in the Tigray region of Ethiopia, 600 kilometres north‐northwest of the capital city of Addis Ababa. The Company recently entered into an agreement to acquire the Harvest North properties, which cover 795 square kilometres immediately west of the Harvest project. The Company's shares trade on the TSX Venture Exchange under the symbol TIG.

Last: 0.59Range: 1.95-0.50Market Cap: 26.5 million

Quantum Rare Earth Developments Corp. Reports Significant Update to Resource Estimate at the Elk Creek Niobium Deposit, Nebraska

Quantum Rare Earth Developments Corp. (TSX VENTURE:QRE)(OTCQX:QREDF)(FRANKFURT:BR3) ("Quantum", the "Company")

is pleased to announce an updated National Instrument 43-101 compliant resource estimate for the Elk Creek Niobium - REE Project, located in southeastern Nebraska, USA. The updated Mineral Resource Estimate, prepared by Tetra Tech Wardrop (Tetra Tech) of Toronto, Ontario will be available on SEDAR and the Company's website within 45 days.

Highlights:

--Addition of higher grade indicated status tonnage of 19.3 Mt grading

0.67% Nb2O5, 

--An increase in inferred status tonnage and grade from the previous

resource estimate (News Release dated April 28, 2011); from 80.1 Mt

grading 0.62% Nb2O5 to 83.3 Mt grading 0.63% Nb2O5.

About the company

Quantum is developing the Elk Creek Carbonatite, the only primary niobium deposit known to be under development in the U.S., and the highest grade undeveloped niobium deposit in North America. Niobium is mainly used in the form of Ferro-Niobium to produce HSLA (High Strength, Low Alloy) steel, to produce lighter, stronger steel for use in automotive, structural and pipeline industries. The U.S. imports 100% of its niobium needs. Niobium is listed as a strategic metal, and is being considered for national stockpiling in the U.S., China, and several European countries.

Last: 0.21Range: 0.56-0.11Market Cap: 18 million

SMTP, Inc. Reports Record 2011 Financial Results

SMTP, Inc. (OTCBB: SMTP), a global email marketing and delivery provider, today announced financial results for its fourth quarter and year ended December 31, 2011.

• 2011 Revenues increase over 56% to $4.28 million

• 2011 Gross profit margins increased 420 basis points

• 2011 Net Income increases 129.3%

• 2011 Earnings Per Share (diluted) of $0.06 in 2011vs $0.03 in 2010

Fourth Quarter Comparisons

Net revenue for the fourth quarter ended December 31, 2011 was $1.2 million, an increase of 37.5% compared to net revenue of $0.9 million reported in the comparable year ago period. Gross profit increased to approximately $1.0 million during the fourth quarter of 2011, as compared to $0.7 million reported in the comparable year ago period. Gross profit margin increased 180 basis points from 77.9% in the fourth quarter ended December 31, 2010 to 79.7% in the fourth quarter ended December 31, 2011 Net income was $0.2 million or $0.01 per diluted share for the period ended December 31, 2011, an increase over net income of $0.1 million and earnings per diluted share of $0.01 in the same period of 2010.

About SMTP, Inc.
SMTP (OTCBB: SMTP) is a leading provider of cloud-based services to facilitate email deliverability, including bulk and transactional sending, reputation management, compliance auditing, abuse processing and issue resolution. Our services provide customers with the ability to increase the deliverability of email with less time, cost and complexity than handling it themselves. SMTP, Inc. is based in Cambridge, Massachusetts and on the web at www.smtp.com.

Last TradE: 1.65 52 Week: 8.00 – 0.25 Market Cap: 22.84 Million

Nova LifeStyle, Inc. Reports 2011 Fiscal Year Results - Sales Up 50%, Net Income Up 28%

Nova LifeStyle, Inc. ("Nova" or "Nova LifeStyle") (OTCBB: STVS; website: www.novalifestyle.com), an innovative global designer and modern lifestyle furniture company headquartered in California, today announced its financial results for the year ended December 31, 2011, as reported on its annual report on Form 10-K filed on March 30, 2012.

2011 HIGHLIGHTS

• Net sales of $43.16 million, an increase of 50% year-over-year

• Gross profit increased 60% to $12.11 million

• Net income of $5.37 million, an increase of 28% year-over-year

• Acquired Diamond Sofa (www.diamondsofa.com), an urban contemporary national furniture brand sold to major U.S. furniture companies

• 2012 Guidance: Anticipate net sales of between $50 million and $58 million and net income of between $7 million and $8 million from organic growth

ABOUT NOVA LIFESTYLE, INC.

Nova LifeStyle, Inc., a U.S. company headquartered in California, is an innovative designer and modern lifestyle furniture company. Nova's products are made in the U.S. and Asia and marketed worldwide. Nova's collections of lifestyle furniture brands include Diamond Sofa (www.diamondsofa.com), Colorful World, Giorgio Mobili and others. Nova's products feature urban contemporary styles with comfort and functionality in matching furniture collections and upscale luxury designs appealing to lifestyle-conscious middle and upper middle-income consumers. To learn more about Nova LifeStyle, Inc., please visit www.novalifestyle.com.

Last Trade: 1.60 52 Week: 14. 00 -0.25 Market Cap: 28.64 Million

China Modern Agricultural Information Releases Net Income Guidance of $13.8 Million or $0.31 EPS for the First Nine Months of Fiscal Year 2012

China Modern Agricultural Information Inc. ("the Company") (OTCBB: CMCI), a high-tech livestock company specializing in the breeding of cows and calves, the production and sale of milk and the sale of organic fertilizer, today releases the projected earnings for the 2012 fiscal first nine months ended March 31st, 2012. The projected net income will increase 163% to $13.8 million or $0.31 per basic and diluted earnings per share.

Review of the First Two Quarters of Fiscal Year 2012

The revenue for the first two quarters of fiscal year 2012 is $10.1 million, and the gross profit is $6.9 million. The gross profit increased $1.77 million or 34% year over year and the gross profit margin has improved from 50% to 69%

The Company generated net income of $9.48 million during the first two quarters of fiscal year 2012, an increase of $5.78 million or 157% compared to the same period of last year. The earnings per share increased from $0.10 to $0.22, an increase of 120%.

The Projected Earnings of the Third Quarter of Fiscal Year 2012

The revenue of the fiscal 2012 third quarter ended March 31, 2012 is projected to be approximately $9.4 million, an increase of $3.3 million or 54% compared to the same period of last year. The gross profit margin is projected to increase from 50% to about 64%.

The projected revenue of the first three quarters of the fiscal year 2012 ended March 31, 2012 is about $19.5 million, an increase of $2.3 million or 14%, compared to the same period of last year. The projected gross profit is about $13 million, an increase of $4.4 million or 51%, compared to the same period of last year. The projected net profit is $13.8 million, an increase of about $8.6 million or 163%, compared to the same period of last year. The projected net profit margin will increase to 70% from 31%, and the earning per share is projected to increase from $0.13 to about $0.31, an increase of 136% year over year.

About China Modern Agricultural Information Inc.

China Modern Agricultural Information, Inc. is a high-tech livestock company specializing in the breeding of cows and calves, the production and sale of milk, the sale of organic fertilizer, as well as the promotion of agricultural information. For more information please visit http://www.hljzhongxian.com/zx/eng_zx.

Last Trade: 0.45 52 Week: 2.00 – 0.17 Market Cap: 22.55 Million