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 May 24th, 2011, and we’ve found 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.

Extreme Biodiesel contracted with a Algae Oil Company to produce biodiesel fuel for a “million mile test” with major trucking company

Book Merge Technology, Inc. (OTCBB:BRKM),

through its wholly owned subsidiary, Extreme Biodiesel, has contracted with a Algae Oil Company to produce biodiesel fuel from algae oil for a “million mile test” for a major trucking company. Extreme Biodiesel has been working with the Algae Oil Company for two years on establishing procedures for pre-treatment and creating “A-100” biodiesel fuel from algae.

Algae oil is the premier candidate for biodiesel feedstock due to its extremely high oil yield compared to land based plant crops, algae’s ability to regenerate oil within a 28 day cycle, algae uses pollutants (CO2) as its food source while eliminating clean water and it is not a human food source. Algae is undergoing significant research and development by major petroleum diesel manufacturers and other companies as the future for production of biodiesel. Extreme Biodiesel will be one of the first to produce and participate in actual large scale testing.

About BookMerge Technology, Inc. (OTCBB:BRKM)

BookMerge Technology is an alternative fuel and recycling company. The company's mission is to provide a cost effective, high quality alternative diesel fuel, create Green Jobs, reduce the environmental impact of fossil fuels and diminish U.S. reliance on foreign oil. BookMerge Technology acquired Extreme Green Technologies, dba Extreme Biodiesel to fulfill that mission. Extreme Biodiesel is a fully licensed and permitted Biodiesel producer operating in Corona, Ca. Our facility has been operating since Jan 2008, producing biodiesel fuel, manufacturing personal biodiesel processors and the recently added restaurant brown grease recycling service.

Last: 0.12Range: 0.22-0.06Market Cap: 12.3 million

Link to hub

Colt Resources Intersects 1.29% WO3 over 7.84m, including 1.90% WO3 over 3.76m at its Tabuaço Tungsten Project, Northern Portugal.

Colt Resources Inc. ("Colt" or the "Company") (TSXV: GTP) (FRA: P01) (OTCQX: COLTF)

is very pleased to announce it has received final analytical results for the recently completed 5(th) hole drilled this year in its Tabuaco (São Pedro das Águias) tungsten project, located in the company's wholly owned Armamar‐Meda concession in northern Portugal.

Drill hole DHT14 was planned as a step-out hole to improve confidence in the geology and grade models and to test for extensions of several thick and richly mineralized skarn horizons.

Colt's current drilling program is designed to confirm and expand the historical, non NI 43‐101 compliant resource estimate of 1 million tonnes grading 0.87% WO3 (SPE‐BRGM JV, early 1980's). These and previously reported results indicate that the deposit is open in all directions and that grades and thicknesses are increasing as one steps away from the historical resource zone.

Nikolas Perrault, President and CEO of Colt, says, "Hole 14 has exceeded our expectations. With these encouraging results, that include the highest grades reported to date, we have decided to add a third rig to accelerate the exploration program having recently commenced drilling using a second drill rig."

The received results are summarized as follows:

__________________________________________________________

|Drill hole DHT14 (Vertical - 137.0m deep)|

|__________________________________________________________|

|From (m)|To (m)|Grade % WO(3)|Interval (m)|True Width (m)*|

|________|______|_____________|____________|_______________|

|77.30| 85.65|1.29%|8.35|7.84|

About Colt Resources Inc. Colt Resources Inc. is a Canadian junior exploration company engaged in acquiring, exploring, and developing mineral properties with an emphasis on gold and tungsten. It is currently focused on advanced stage exploration projects in Portugal, where it is the second largest lease holder of mineral concessions.

Last: 0.65Range: 0.96-0.61Market Cap: 35.6 million

Link to website

Salazar Hits New High Grade at Curipamba With 15.6 Meters of 1.59 g/t Gold & 1.07% Copper Including 5.89 Meters of 3.35 g/t Gold & 2.37% Copper

Salazar Resources Ltd SRL

pleased to report new assay results from the ongoing diamond drilling program on its 100% owned (30,327 ha), precious metals' rich Curipamba volcanogenic massive sulphide project in Ecuador. Hole 109 intersected 15.6 meters of mineralization grading 1.59 g/t gold, 25.64 g/t silver, 1.07% copper and 2.7% zinc, including 5.89 meters grading 3.35 g/t gold, 56.58 g/t silver, 2.37% copper and 7.0% zinc (Figure 1; Table 1). The intersection indicates copper and gold-rich mineralization extending to the west from hole 80.Salazar currently has two drills delineating and extending the deposit.

Mr. Salazar says, "The intersection in hole 109 indicates the possibility of another area of high grade mineralization in this locale, and to the west. Additional drilling is required to further explore this area."

About Salazar Resources: Salazar Resources Ltd. is a publicly-listed (TSX VENTURE: SRL)(FRANKFURT: CCG) mineral resource company engaged in the exploration and development of new highly prospective areas in Ecuador. Led by a senior Ecuadorian management team and most notably by its namesake Fredy Salazar, this team has been instrumental in other major discoveries throughout Ecuador. Being an Ecuadorian based company gives the company a strategic advantage enabling the company to complete exploration at a rapid pace. With an excellent property portfolio (3 projects- 42,900 hectares), good geopolitical positioning and a number of strategic corporate and financial partnerships, Salazar has positioned itself to be a strategic player in Ecuador and throughout South America.

Last: 1.02Range: 1.60-0.80Market Cap: 40.7 million

Link to hub

Pelangio Exploration Hits High Grade Gold on the Manfo Property-14.1 g/t Over 7 Metres at Pokukrom West

Pelangio Explorations Inc PX

pleased to announce results from nine additional diamond drill holes totaling 1,398 metres at the Pokukrom West high-grade gold zone on the Manfo Property in Ghana. Highlights of the results reported today include:

--5.79 grams per tonne (g/t) gold over 8 metres in SPDD-130 from 69 metres

down-hole in a broader intersection of 2.60 g/t gold over 19 metres from

66 metres down-hole;

--14.10 g/t gold over 7 metres in SPDD-131 from 131 metres down-hole;

--2.95 g/t gold over 6 metres in SPDD-132 from 92 metres down-hole in a

broader intersection of 0.99 g/t gold over 22 metres from 90 metres

down-hole;

--Strike length of 100 metres confirmed at Pokukrom West to vertical depth

of 110 metres;

--High-grade intersections at depth in sulphide confirm that

mineralization is indicative of significant high-grade gold zone.

About Pelangio

Pelangio is a junior gold exploration company that acquires and explores camp-sized land packages in world-class gold belts, while using innovative corporate restructuring to maximize shareholder value. Drilling is currently underway on two properties with company-making potential in Ghana, West Africa: the 100 square kilometre Manfo Property on the Sefwi greenstone belt between the Ahafo and Chirano mines, respectively operated by Newmont and Kinross, is the site of four recent near-surface gold discoveries; and the 290 square kilometre Obuasi Property on the Ashanti greenstone belt is located on strike and adjacent to AngloGold Ashanti's prolific, high-grade Obuasi Mine, which has produced over 30 million ounces of gold since 1897.

Last; 0.55Range: 1.31-0.15Market Cap: 67million

Link to hub

UNR Holdings Announces First Quarter 2011 Financial Results, Highlighted by Strong Sales and Earnings

UNR Holdings, Inc. (OTCBB: UNRH) ("UNR" or the "Company"), a housing and commercial construction and development company, today announced its financial results for the first fiscal quarter ended March 31, 2011. Summary financial data is provided below:

First Quarter 2011 Financial Highlights
-- Revenues for the first quarter of 2011 increased by 103.6%
year-over-year to $39.9 million, up from $19.5 million in the first
quarter of 2010
- Residential and commercial construction generated $33.6 million
or 101.2% of total revenues
- Road base materials generated $6.3 million or 125% of total
revenues
-- Net income attributable to the Company for the third quarter
increased 339% year-over-year to $12.4 million, compared with $2.8
million for the third quarter of 2010
-- Income before provision for income taxes for the third quarter was
increased 335.8% from $23.1 million, compared to 5.3 million in the
same period last year
-- Earnings per diluted share were $0.51 for the quarter, compared with
diluted EPS of $0.11 achieved in the same period a year ago

About UNR Holdings, Inc.

UNR Holdings is a holding company that has a 68% ownership in its subsidiary, 494 UNR. 494 UNR is a diverse construction company with more than 40 years of success serving the Russian construction market. The Company specializes in housing and commercial construction developments.

Last Trade: 1.7052 Week: 1.85 – 1.15Market Cap: 41.59 Million

TechFaith Reports 1Q2011 Revenue Increases 29% Compared to 1Q2010;

China TechFaith Wireless Communication Technology Limited (NASDAQ:CNTF - News) ("TechFaith" or the "Company") today announced unaudited financial results for the first quarter ended March 31, 2011.

For the first quarter of 2011, TechFaith reported net revenue of US$78.7 million, a 29% increase compared to US$60.9 million in the first quarter of 2010, and a 2% increase compared to US$76.9 million in the fourth quarter of 2010. Gross margin for the first quarter of 2011 improved to 32% compared to 22% in the same quarter last year and 28% in the previous quarter.

Income from operations for the first quarter of 2011 was US$15.8 million, a 151% increase compared to US$6.3 million in the same quarter last year, and a 31% increase compared to US$12.1 million in the previous quarter. Net income attributed to TechFaith for the first quarter of 2011 was US$13.8 million or US$0.26 per basic and diluted weighted average outstanding ADS, compared to US$7.1 million or US$0.15 per basic weighted average outstanding ADS and US$0.07 per diluted weighted average outstanding ADS in the first quarter of 2010, compared to US$8.9 million or US$0.17 per basic and diluted weighted average outstanding ADS in the fourth quarter of 2010.

About TechFaith

TechFaith (NASDAQ:CNTF - News) has three primary businesses. Under the TechFaith umbrella, the Company is a leading global mobile solutions provider for global mobile handsets market (Which previous called ODP (Original Developed Product) business)). Under its TecFace brand, the Company is a leading developer of specialized mobile phones for differentiated market segments, including the rapidly growing Smartphone market targeting users and Operators through its QIGI brand; Outdoor and Sports enthusiasts through its Jungle brand; and the Teen market through licensed brands.

Last Trade:5.7352 Week: 6.96 – 2.34Market Cap: 248.36 Million

Link to HUB

American Paramount Gold Completes Updated NI43-101 Report on the Gold and Silver Capgold Project

American Paramount Gold Corp. (OTCBB:APGA) (americanparamountgold.com) (the "Company") is pleased to report receipt of a new NI43-101 report see full report on its Capgold Project in Nevada by the Company's Consulting Geologist John G. Cleary, CPG, RG, entitled Capgold Project, Nye County, Nevada.

Mr. Cleary's NI43-101 report summarizes the historic work at Capgold and incorporates the results of the property-wide CSAMT geophysical survey data collection and interpretation report by the Company's Geophysical Consultant Mr. James Wright.

Three examples of historic gold and silver intersections from Capgold include 4 feet of 15.5 grams gold per ton and 195.0 grams silver per ton from drill hole AC-2; 5 feet of 24.3 grams gold per ton and 256 grams silver per ton from drill hole C-6; and 5 feet of 31.0 grams gold per ton and 55.0 grams silver per ton followed immediately by 5 feet of 9.5 grams gold per ton and 31.0 grams silver from drill hole T00-18.

American Paramount Gold

Our mandate is to explore and develop gold dominant projects in regions where historic discoveries, established infrastructure and mining-friendly jurisdictions greatly increase the odds for success. For these reasons, and other related long term micro and macro economic reasons, the Company has focused its project search activities towards acquiring a 100% interest in advanced gold and silver projects in Nevada.

Last Trade: 0.07452 Week: 1.18 – 0.07Market Cap: 4.74 Million