In Case You Missed It: Construction materials player beats resources for top spot
Link copied to
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.
|Code||Company||Price||% Today||Market Cap|
|EDE||Eden Inv Ltd||0.003||50%||$6,727,274|
|CNW||Cirrus Net Hold Ltd||0.0535||30%||$38,130,262|
|NVO||Novo Resources Corp||0.25||25%||$7,500,000|
|CNQ||Clean Teq Water||0.41||17%||$20,256,803|
|MHC||Manhattan Corp Ltd||0.009||13%||$23,495,838|
|ABX||ABX Group Limited||0.093||12%||$18,558,038|
|4DS||4Ds Memory Limited||0.1475||9%||$230,825,422|
|BNL||Blue Star Helium Ltd||0.024||9%||$34,895,741|
|IXR||Ionic Rare Earths||0.025||9%||$90,760,413|
|TGM||Theta Gold Mines Ltd||0.135||8%||$87,509,376|
Innovative construction materials supplier Eden (ASX:EDE) has upgraded global sales forecast to $5.3m in FY24, which would put the company close to positive cashflow.
Mt Malcolm Mines (ASX:M2M) has defined two lithium anomalies and “significant pegmatite swarms at surface” at its new Mt Feldtmann tenements in WA.
Canadian gold miner Novo Resources (ASX:NVO) has listed on the ASX today after raising $7.5m on its IPO.
And Western Gold Resources (ASX:WGR) has mad a high grade nickel-sulphide discovery at its Rullbo project in Sweden.
St George (ASX:SGQ) has kicked off its first ever drill program at the newly acquired and underexplored Woolgangie project in WA, which will hit targets prospective for lithium, rare earths and copper.
A recently completed maiden drilling campaign at DY6 Metals’ (ASX:DY6) Machinga heavy rare earth element (HREE) and niobium project in Malawi has flagged “widespread visual mineralisation”.
Power Minerals (ASX:PNN) and Summit Nanotech are proceeding with the formation of a joint venture into the potential use of Summit’s direct lithium extraction (DLE) technology at the Salta project in Argentina.
Drone surveys will identify targets ahead of a planned RC drilling campaign at the Walloway prospect, part of Olympio Metals’ (ASX:OLY) Eurelia rare earths project in South Australia.
Oceana Lithium (ASX:OCN) has appointed a new CEO in critical minerals professional Caue Araujo.
Future Battery Minerals’ (ASX:FBM) has engaged Nicholas Rathjen as CEO and MD.
Algorae Pharmaceuticals (ASX:1AI), formerly Living Cell Technologies, has executed a memorandum of understanding with the University of NSW to develop an artificial intelligence platform for drug discovery.
Melodiol Global Health’s (ASX:ME1) wholly-owned Canadian subsidiary Mernova Medicinal has secured its maiden purchase order for cannabis products from the Alberta Gaming, Liquor and Cannabis Commission (AGLC).
Killi Resources’ (ASX:KLI) has intercepted high-grade hits of up to 7.2% copper and 12.4 g/t gold at surface from rock chip samples from its Baloo prospect, part of the Mt Rawdon West project in Queensland.
BPH Energy (ASX:BPH) is raising $1.9m via a placement at $0.02 per share to execute the next phase of PEP-11 development, progress commercialisation of Cortical Dynamics, and expand its Hydrogen investments.
EZZ Life Science (ASX:EZZ) has formally launched a two-year partnership with HIC which is expected to result in an additional $16m of revenue annually for the next two years.
Manhattan Corp (ASX:MHC) has flagged high grade assays up to 3.4% lithium at the Big Betty prospect, part of its Chebogue proejct in Canada.
Koonenberry Gold (ASX:KNB) has intersected visual gold in its inaugural drilling campaign at the Bellagio prospect at its namesake gold project in NSW.
Gregg Peters has been appointed as non-executive director of Blue Star Helium (ASX:BNL).
The Ugandan government minister for Energy and Mineral Development, the Hon Dr Ruth Nankabirwa Ssentamu, has indicated her support for the licensing and development of Ionic Rare Earths’ (ASX:IXR) Makuutu Heavy Rare Earths Project in Uganda.
And Neurotech (ASX:NTI) is planning an investor webinar on September 15 where Professor Russell Dale, Co-Principal Investigator for the NTI164 clinical trial in PANDAS/PANS will provide an update.
At Stockhead we tell it like it is. While St George, DY6 Metals, Power Minerals, Olympio Metals, Mt Malcolm Mines, Oceana Lithium, Future Battery Minerals, Algorae Pharmaceuticals, Melodiol Global Health, Killi Resources, BPH Energy, EZZ Life Science, Manhattan Corp, Koonenberry Gold, Blue Star Helium, Ionic Rare Earths, First Au and Neurotech are Stockhead advertisers, they did not sponsor this article.