AllPennyStocks.com Canadian Penny Stocks in Play for May 28, 2009 (QMI.TO, PRP.TO)

Thu May 28, 5:10 PM

MISSISSAUGA, ON, May 28, 2009 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com), a leading penny stock / small-cap information site, released its May 28th Canadian Penny Stock Movers.

Canadian Penny Stocks in Play:

Queenston Mining Inc.: announced further results from the resource definition drill program at the 100% owned, past producing McBean deposit located in Gauthier Township, Kirkland Lake, Ontario. Highlights included drill hole MB09-124 intersecting 198.6 g/t (grams per tonne) Gold (5.79 oz/ton) over 3.7 m (12.0 ft) including 788.6 g/t Gold (23.00 oz/ton) over 0.9 m (3.0 ft).

Queenston Mining Inc. (TSX: QMI.TO) closed up $0.23 at $4.38 on the high grade intersects news.

ProSep Inc.: announced that it was awarded under a Joint Industry Project agreement with Total, StatoilHydro and ConocoPhillips, a $1.4 million (CAD) contract for the final stage of development of the ProDry, a proprietary and innovative gas dehydration technology. Under the terms of the agreement, ProSep will receive a total of 7.5 million NOK (approximately $1.4 million CAD) for the duration of the project, expected to be concluded in the second quarter of 2010. The Company will retain all property rights including technology, patents and licensing fees relating to future sales.

ProSep Inc. (TSX: PRP.TO) closed up $0.055 at $0.275 or 25% on the new order announcement.

To read these and other Canadian Penny Stocks in Play every weekday, investors are encouraged to click on the link located here: http://www.allpennystocks.com/aps_ca/stocksinplay.aspx.

About AllPennyStocks.com Media Inc.:

AllPennyStocks.com is focused on the small-cap / penny stock market and has become a reputable name in the investment community.  AllPennyStocks.com runs a Canadian and US site to provide investors in Canada as well as the United States with informative and unique content and information.  AllPennyStocks.com runs weekly penny stocks to watch, has a daily market write-up, provides company spotlights, runs a unique most active pages strictly for penny stocks trading on the TSX, TSX Venture, Nasdaq and OTC BB, and much more information for the average investor.

AllPennyStocks.com also runs an email newsletter that aims to uncover stocks that are still under the radar of most investors. Criteria AllPennyStocks.com looks for includes strong revenues, a seasoned management, innovative business plans, among many others. AllPennyStocks.com also looks for companies that announce breaking news, recent 52-week highs/lows, technical breakouts, and other favorable corporate information.

Investors are encouraged to subscribe to the AllPennyStocks.com FREE e-mail newsletter and see what tens of thousands of other investors have already been receiving since 1999.  Investors can receive their free newsletter subscription by clicking here: http://www.allpennystocks.com/aps_common/newsletter_free.asp.

Contact:

AllPennyStocks.com Media, Inc.

Peter Szafranski - President

Phone: 905-361-5680

E-Mail: peter@allpennystocks.com

 

Note: AllPennyStocks.com has not received compensation for carrying the other above-mentioned companies; a full disclaimer can be viewed here: http://www.allpennystocks.com/aps_common/disclaimer.asp.