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, that made announcements today.

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Firebrick Pharma (ASX:FRE) announced an expert in data analysis independently reviewed its problematic 2023 Phase 3 trial data of Nasodine into the common cold determining “inaccuracies in trial efficacy data” with no efficacy conclusions therefore able to be drawn. FRE will market Nasodine as a nasal antiseptic/disinfectant with sales forecast to commence in 2024.

Eddy Sunarto has more in today’s ASX health stocks roundup. 

Digital payments and financial services provider Findi (ASX:FND) has announced that its Indian subsidiary Transaction Solutions International (India) Pvt Ltd has raised $37.6 million ahead of its TSI India IPO via placement to leading Indian investment group, Piramal Alternatives, backed by leading Canadian pension fund CDPQ.


More Top Small Cap Stories: Wednesday

Coal bed methane exploration and development company focused on developing production from the Serowe CBM Project located in Botswana Botala Energy (ASX:BTE) will dual list on the Botswana Stock Exchange from November 22.

James Bay Minerals (ASX:JBY) has announced further elevated lithium readings using LIBS detectors identified at the prospective Aero property within its flagship La Grande project in Canada.

ADX Energy (ASX:ADX) spuds key Anshof-2 appraisal well that could deliver both increased Anshof field oil reserves and production. 

Panther Metals (ASX:PNT) is making significant strides in its journey towards mining at the Coglia nickel-cobalt project with completion of a 5,320m reverse circulation drilling program providing crucial insights.

Kula Gold (ASX:KGD) says drilling will start next week at Kula Gold’s 3km long, 500m wide Cobra lithium prospect in southwest WA.

Brightstar Resources (ASX:BTR) has announced a maiden resource of 21,200oz @ 1.07g/t gold for Link Zone prospect, part of the Menzies group of projects in WA.

GTI Energy (ASX:GTR) has started drilling its Lo Herma ISR uranium project in Wyoming’s Powder River Basin to validate and upgrade the inferred 5.7Mlb resource grading 630ppm whilst testing its potential to expand.

Green Technology Metals (ASX:GT1) says dense media separation test work confirms the ability to achieve up to 6.8% Li2O concentrate and 71.6% recovery rates from its Seymour lithium project in Ontario.

Prospect Resources (ASX:PSC) says soil sampling outlines lithium pegmatite pathfinder signatures in new areas at its Omaruru project in central Namibia.

Melodiol Global Health (ASX:ME1) says unaudited figures for the Australian division of its HHI show it generated sales of ~$1 million in October with consistent monthly sales of ~$1 million per month during Q3 FY23.

Ark Mines (ASX:AHK) has commissioned a second drill, currently on site and operational at the Sandy Mitchell rare earths project, to complete 200m of drilling for the purpose of defining and expanding potential resource tonnes.

MTM Critical Metals (ASX:MTM) reports additional significant rare earth and niobium mineralisation over broad intervals at its Pomme project in Quebec.

Meeka Metals (ASX:MEK) says new infill drilling results point to likely resource upgrade for Turnberry deposits, part of its ‘development-ready’ Murchison gold project.

Following success of its Costa Fuego development in Chile, Hot Chili (ASX:HCH) is moving to acquire two nearby copper mine areas that have never been drill tested before, despite previously reaching production.

Olympio Metals (ASX:OLY)has started an AC drill campaign at the Walloway prospect in South Australia where it has identified carbonatite targets highly prospective for rare earth deposits.

Kingsland Minerals (ASX:KNG) has hit its thickest intersection to date at the Leliyn graphite project in the Northern Territory — 285m at 6.1% TGC — ahead of a maiden resource in Q1 2024.

Leeuwin Metals (ASX:LM1) says a further three holes have returned significant widths of high-grade lithium mineralisation at the Cross Lake project in Manitoba, Canada, confirming the project as an emerging lithium opportunity.

Magnis Energy Technologies (ASX:MNS) says it has secured control of the board of its subsidiary iM3NY with the appointment of Giles Gunesekera as its third director and Wade Guindy as interim chief executive officer.


At Stockhead, we tell it like it is. While Botala Energy, James Bay Minerals, ADX Energy, Panther Metals, Kula Gold, Brightstar Resources, GTI Energy,  Green Technology Metals, Prospect Resources, Melodiol Global Health, Ark Mines, MTM Critical Metals, Meeka Metals, Hot Chilli,  Olympio Metals, Kingsland Minerals, Leeuwin Metals and Magnis Energy Technologies are Stockhead advertisers, they did not sponsor this article.”