TM editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.

Below are 4 small-cap stocks making big moves on Thursday, December 1, 2016:

By Sean Mason

1. Marijuana stock Mettrum Health Corp. (CVE:MT)(MQTRF) surged 30% to $7.70 on Thursday after announcing that it has agreed to be acquired by Canopy Growth Corporation (TSE:CGC)(TWMJF) in an all-stock transaction valued at approximately C$430 million. Mettrum shareholders will be entitled to receive 0.7132 common shares of Canopy Growth for each common share of Mettrum held. Read: Mettrum Health Inc. Expands Beyond Medical Marijuana Products Into Hemp-Based Consumables for more information on Mettrum.

2. Shares of Magor Corporation (CVE:MCC)(MGORF) plunged 80% to $0.005 as the visual collaboration software developer said it has filed a Notice of Intention to Make a Proposal pursuant to the provisions of Part III of the Bankruptcy and Insolvency Act.

3. Continental Gold Inc. (TSE:CNL)(CGOOF) stock moved up 15% following an announcement that it has received an environmental permit for its Buriticá project in Colombia...

4. AnalytixInsight Inc. (CVE:ALY)(ATIXF) shares jumped 28% to $0.23 after the Big Data analytics company announced that it has agreed to acquire certain assets of Euclides Technologies, Inc., a Systems Integrator and consulting partner for field service management solutions with annual revenues of about US$4 million.