In Case You Missed It: A consumer products divestment and a dash of lithium
Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar.
Below is a wrap of the top 20 performing stocks, by percentage, who made announcements today.
Home, hygiene and e-commerce product developer and supplier Pental (ASX:PTL) is divesting the Pental Consumer Products business (excluding Duracell and Bondi Soap) and its Shepparton manufacturing facility to Selleys – a division of DuluxGroup – for $60m.
Juno Minerals (ASX:JNO) says positive results from a phase two infill soils sampling program at its Mt Ida magnetite project showed the pathfinder metals associated with spodumene-bearing pegmatites.
Starpharma (ASX:SPL) is planning to present interim clinical data from its Phase 1/2 clinical trial of DEP irinotecan at a key international oncology conference.
Prodigy Gold (ASX:PRX) has reported up to 15.27 g/t gold from a surface sampling exercise conducted at its Hyperion project.
Numerous thick pegmatites have again been intersected in drilling at the southern extension of Voltaic Strategic Resources’s (ASX:VSR) Ti Tree lithium project.
Dimerix (ASX:DXB) will have more cash in its pocket to progress its Phase 3 trial into Focal Segmental Glomerulosclerosis (FSGS) after receiving a ~$9 million Research and Development (R&D) Tax Incentive rebate for FY23.
Airbourne surveys at the Loya Ray prospect, part of Uvre’s (ASX:UVA) East Canyon project in Utah, have identified a 2.4km+ long uranium anomaly.
Strategic Energy Resources (ASX:SER) has commenced diamond drilling at the Canobie project in northwest Queensland which is being explored under a Farm-in and Joint Venture with Fortescue Metals Group (ASX:FMG) subsidiary FMG Resources.
And West Wits Mining (ASX:WWI) has closed its placement request of $922,804 at $0.014 per share under the equity placement agreement with SBC Global Investment Fund to provide interim working capital.
At Stockhead we tell it like it is. While Juno Minerals, Norfolk Metals, De Grey Mining, Voltaic Strategic Resources, Dimerix, Anson Resources, Greenstone Resources, Uvre, Strategic Energy Resources and West Wits Mining are Stockhead advertisers, they did not sponsor this article.