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 December 8th, 2011, and we’ve found 4 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.

ProSep Awarded $6.5 Million Contracts for Early Production Facility in Iraq

ProSep Inc. (TSX:PRP)

dedicated to providing process solutions to the oil and gas industry, today announced it was awarded three contracts with a new customer operating in Iraq, for the design and supply of a produced water package and water deaeration and fuel gas treatment systems. Together, these contracts represent a value of $6.5 million. The equipment provided will be installed at the same early production facility located onshore.

"These contracts awarded by a new customer operating in Iraq bring our year-to-date total orders signed to $46 million, almost twice last year's orders," said Jacques L. Drouin, President and CEO. "By investing in expanding our business development and process engineering teams, we've broadened our market reach and depth of offering, and expect to continue capturing market share."

The produced water treatment package and water deaeration and fuel gas treatment systems will be designed as skid-mounted pre-assembled units for ease of field installation. Delivery of these systems is expected to occur by the third quarter of 2012.

About ProSep

ProSep is a technology-focused process solutions provider to the upstream oil and gas industry. ProSep designs, develops, manufactures and commercializes technologies to separate oil, water and gas generated by oil and gas production. For more information, please visit www.prosep.com.

Last: 0.05Range: 0.125-0.04Market Cap: 17.8 million

Asia Now Reports First NI43-101 Resource Estimate for its Beiya Gold-Silver-Polymetallic Project

Asia Now Resources Corp. (TSX VENTURE:NOW)

announced today that the Company has received an initial independent National Instrumental 43-101 compliant resource estimate for the Qinghe block of Beiya North concession, part of its Beiya gold-silver-polymetallic project in Yunnan Province of China.

The Qinghe block contains an indicated resource of 12.0 million tonnes at 1.11 g/t gold, 45.0 g/t silver and 2.98% lead, with an additional inferred resource of 10.6 million tonnes, at 0.76 g/t Au, 44.8 g/t Ag and 2.85% Pb, at a net smelter return (NSR) cut-off of US$50 per tonne. The main zone at Qinghe remains open to the north, and is adjacent to, and north of the open-pit Beiya Gold Mine that produces 200,000 ounces of gold annually.

About Asia Now Resources:

Asia Now Resources Corp. is a mineral exploration company active in China since 2002. The Company has established offices, joint ventures and a significant network with Chinese partners. Current projects include copper, gold and silver at two major projects, Beiya and Habo, both in China. The Company is currently drilling for the NI43-101 resource at Beiya. Under the leadership of an experienced management team, the Company is taking exploration into the next phase of success.

Last: 0.30Range: 0.59-0.22Market Cap: 33.3 million

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Prophecy Drills 384.9 Meters Grading 0.623 g/t PGM+Au, 0.3% Ni, 0.15% Cu (0.45% NiEq) from Surface at Yukon Wellgreen Project

Prophecy Platinum Corp. (TSX VENTURE:NKL)(OTCQX:PNIKF)(FRANKFURT:P94P)

announces the final set of drill results received from its 2011 drilling at the Company's 100% owned Wellgreen PGM-Ni-Cu Project. Borehole WS11-192 intercepted 384.9 meters of 0.45% NiEq starting from 9.45 meters depth. Included in this greater interval of continuous mineralization is a PGM-rich zone with a combined Pt+Pd+Au grade of 1.358 g/t over 19.23 meters (NiEq 0.74%).

About the company

Prophecy Platinum Corp. (TSX-V: NKL, OTC-QX: PNIKF, Frankfurt: P94P) is a mineral exploration company focused on developing platinum group metals (PGM) and nickel sulphide projects. Defining and driving the company, is its flagship Wellgreen PGM Nickel property in Canada’s Yukon Territory. Prophecy’s further holdings include the Lynn Lake Nickel Copper project in Manitoba, the Las Aguilas Nickel PGM deposit in Argentina, as well as five prospective claims in Uruguay. In June 2011, Prophecy Platinum was spun off from Prophecy Coal (TSX: PCY). Prophecy Coal currently owns 26.2 million shares (approx. 42%) of Prophecy Platinum.

Last: 2.46Range: 5.96-0.55Market Cap: 126 million

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Otis Drills 48.8 Metres of 1.05 g/t Au at Kilgore; New Intercepts Further Extend Open-Ended Mineralization

Otis Gold Corp. (TSX VENTURE:OOO)(OTCQX:OGLDF)(PINKSHEETS:OGLDF)

is pleased to announce the receipt of additional significant drill results comprising potentially bulk-mineable, open-pittable intercepts from the third set of seven holes of its 2011, 9,320-metre, Kilgore Mine Ridge Gold Project ("Kilgore") drill program located in Clark County, Idaho.

Highlights include intercepts of 48.8 metres (m) of 1.05 grams per tonne gold (g/t Au), along with an additional 15.2 m of 1.39 g/t Au, in hole 11 OKC-265, located on the southern margin of the deposit, and additional intercepts of 39.6 m of 0.70 g/t Au in hole 11 OKC-281 and 30.5 m of 0.68 g/t Au in hole 11 OKC-280, both located in the deposit's newly discovered, open-ended northwest extension where ore-grade intercepts in excess of 100-metres thick were just recently discovered (see Otis October 6, 2011 News Release). Of the seven holes, five are located on the northern and southern edges of the deposit, indicating mineralization is still open along major portions of the deposit's perimeter.

About Otis

Otis Gold Corp. is a Canadian-based mineral exploration company focused on the acquisition and development of quality precious metal deposits in Idaho, USA. Otis is currently developing its flagship property, the Kilgore Gold Project, located in Clark County, Idaho (approx. 60 miles north of Idaho Falls).

Last: 0.23Range: 0.84-0.215Market Cap: 9.8 million

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