In Case You Missed It: Lithium hits and a West African gold producer in the takeover crosshairs

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.

ICYMI Leader Board

Code	Company	Price	% Today	Market Cap
TG6	Tgmetalslimited	0.34	224%	$4,231,662
LRV	Larvottoresources	0.16	60%	$6,725,472
MTH	Mithril Resources	0.0015	50%	$3,368,804
TIE	Tietto Minerals	0.565	33%	$479,268,442
JTL	Jayex Technology Ltd	0.009	29%	$1,968,950
FND	Findi Limited	0.625	21%	$18,982,185
CRB	Carbine Resources	0.006	20%	$2,758,689
EEL	Enrg Elements Ltd	0.006	20%	$5,049,825
FL1	First Lithium Ltd	0.36	20%	$21,015,500
KLI	Killiresources	0.066	20%	$3,276,628
MGT	Magnetite Mines	0.375	19%	$24,235,647
OBM	Ora Banda Mining Ltd	0.16	19%	$229,898,556
HMX	Hammer Metals Ltd	0.045	18%	$33,683,479
DVR	Diverger Limited	1.23	17%	$39,557,808
BCC	Beam Communications	0.21	17%	$15,555,946
EXL	Elixinol Wellness	0.007	17%	$3,788,063
M4M	Macro Metals Limited	0.0035	17%	$5,961,233
IVZ	Invictus Energy Ltd	0.255	16%	$272,836,705
AMM	Armada Metals	0.03	15%	$4,486,770
ILT	Iltani Resources Lim	0.15	15%	$5,432,388

TG Metals (ASX:TG6) has intercepted high-grade lithium up to 2.28% Li2O at its Lake Johnston lithium-nickel-gold project in the Lake Johnston Greenstone Belt of WA.

West African gold producer Tietto Minerals (ASX:TIE) has received an off-market takeover offer from Chinese gold miner Zhaojin Capital to acquire all shares it doesn’t already own in the company for 58c/share — a 38% premium to the last close.

Digital payment and financial services provider, Findi (ASX:FND) has secured a 10-year contract with State Bank of India (SBI) that will generate revenue of up to $620 million, whereby the company will provide 4,219 ATMs in India.

Carbine Resources (ASX:CRB) has upgraded the resource at its Muchea West silica sand project to 110Mt at 99.65% SiO2.

First Lithium (ASX:FL1) First Lithium’s (ASX:FL1) drill program at the highly prospective Blakala prospect within its Gouna permit in Mali is off to a great start with one of the first two holes intersecting a thick, continuous 112.8m pegmatite.

More Top Small Cap Stories: Monday

Belararox (ASX:BRX) has commenced fieldwork at the southern end of the Toro-Malambo-Tambo (TMT) project’s Toro target – one of 11 prospective targets at the Argentinian project.

NickelSearch (ASX:NIS) as added another six areas of lithium interest at its Carlingup project to take the total lithium targets to 28.

Direct lithium extraction testing at Arizona Lithium (ASX:AZL) Lithium Research Centre (LRC) has confirmed >99% purity battery-grade material from the Prairie brine project.

Pure Hydrogen (ASX:PH2) has appointed The Honourable Adam Giles, former Chief Minister of The Northern Territory, as non-executive independent chairman.

Burley Minerals (ASX:BUR) maiden diamond drilling at the Chubb North prospect has intersected pegmatite swarms of up to 182m in aggregated thickness.

Indiana Resources (ASX:IDA) has completed field reconnaissance ahead of 2023/24 gold, REE and base metals exploration program in South Australia’s Gawler Craton.

Metallurgical testing has recovered up to up to 4.5% nickel at Golden Mile Resources (ASX:G88) 6Mt Quicksilver nickel-cobalt project in WA.

Gold miner Ora Banda (ASX:OBM) as inked a $45m lithium farm in JV with ASX-listed behemoth Wesfarmers subsidiary Brenahan Exploration, who will pay for all exploration across the Davyhurst tenement package from pre-discovery through to completion of a DFS.

GreenTech Metals (ASX:GRE) has reported 1.82% Li2O from rock chip sampling at its West Pilbara projects in WA.

Raiden Resources (ASX:RDN) has spotted visual spodumene in outcropping pegmatites at its Arrow project in WA.

MONEYME (ASX:MME) has reported sustainable returns from an increasingly robust loan book for Q1 FY24 with the fintech saying its loan book remained stable, maintaining a healthy net interest rate margin of 11% for the quarter.

Spartan Resources (ASX:SPR) has flagged high-grade gold assays from its non-core northern assets, the Glenburgh and Egerton projects, of up to 20.8g/t and 363g/t respectively.

GCX Metals (ASX:GCX) has completed the acquisition of the Dante nickel-copper-platinum group elements project in the West Musgrave region of WA.

Firetail Resources (ASX:FTL) says test work proves that conventional high pressure acid leaching can achieve up to 97% nickel recoveries at the Mt Slopeaway project in QLD.

Paradigm Biopharmaceuticals (ASX:PAR) is launching a $30m capital raise comprising an $18m institutional placement and a $12m 1 for 10 entitlement offer to fund its clinical trial plans through to mid CY25.

Tambourah Metals (ASX:TMB) has been awarded an EIS Grant for Co-Funded Government-Industry Drilling to co-fund 50% of the forecast drilling and mobilisation costs up to a maximum of $180,000.

And Latin Resources (ASX:LRS) has commenced an offtake process to formally assess proposals and associated project financing opportunities for its Salinas lithium project in Brazil after receiving numerous enquiries from key battery manufactures, chemical converters and Original Equipment Manufacturers (OEM’s).

At Stockhead we tell it like it is. While TG Metals, Belararox, NickelSearch, Arizona Lithium, Pure Hydrogen, Burley Minerals, Indiana Resources, Golden Mile Resources, Ora Banda Mining, Greentech Metals, Raiden Resources, MoneyMe, Spartan Resources, First Lithium, GCX Metals, Firetail Resources, Paradigm Biopharmaceuticals, Tambourah Metals and Latin Resources are Stockhead advertisers, they did not sponsor this article.