In Case You Missed It: Tech deals, dispute settlements and a media acquisition

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.

ICYMI Leader Board

Code	Company	Price	% Today	Market Cap
CGO	CPT Global Limited	0.2	70%	$4,922,940
FCT	Firstwave Cloud Tech	0.04	33%	$51,287,419
MCT	Metalicity Limited	0.002	33%	$6,727,581
FHS	Freehill Mining Ltd.	0.005	25%	$11,399,338
VNL	Vinyl Group Ltd	0.055	22%	$23,153,156
BBX	BBX Minerals Ltd	0.024	14%	$15,539,093
CAI	Calidus Resources	0.205	14%	$109,842,661
CGR	Cgnresourceslimited	0.18	13%	$14,524,511
EVR	Ev Resources Ltd	0.01	11%	$9,896,295
ICG	Inca Minerals Ltd	0.01	11%	$5,259,920
ATC	Altech Batt Ltd	0.071	11%	$105,812,857
HZR	Hazer Group Limited	0.69	10%	$125,681,669
HAS	Hastings Tech Met	0.75	10%	$87,969,323
PV1	Provaris Energy Ltd	0.044	10%	$23,659,168
GWR	GWR Group Ltd	0.091	10%	$26,660,982
FCL	Fineos Corp Hold PLC	1.94	9%	$600,517,405
BRE	Brazilian Rare Earth	1.605	9%	$89,623,483
POS	Poseidon Nick Ltd	0.012	9%	$40,848,883
BYH	Bryah Resources Ltd	0.013	8%	$5,203,287
IRI	Integrated Research	0.34	8%	$55,001,718

FirstWave Cloud Tech (ASX:FCT) has secured its first major sale of its Network Management Information System (NMIS) platform as part of an expanded reseller deal with Mexico’s largest telecommunications group, Telmex.

Metalicity (ASX:MCT) has executed formal agreements and settled all disputes with Nex Metals Exploration (ASX:NME) regarding the Kookynie and Yundamindra gold joint venture – and will now hold 80% of the JV, up from 51%.

Formerly Jaxsta, the world’s largest dedicated database of official music credits Vinyl Group (ASX:VNL) has inked a more than $10 million deal to acquire The Brag Media, publisher of iconic Rolling Stone in Australia and New Zealand.

As of tomorrow BBX Minerals (ASX:BBX) will change its name to Brazilian Critical Minerals with the ASX ticker BCM to reflect its exploration focus on gold-PGM, base metal and Ionic Adsorbed Clay (IAC) Rare Earth Element (REE) deposits in the country.

And Calidus Resources (ASX:CAI) is picking up Novo Resources’ (ASX:NVO) Nullagine gold project in WA for $250,000 in CAI shares and $5m in deferred production milestones payments.

More Top Small Cap Stories: Thursday

Uranium play Norfolk Metals (ASX:NFL) has completed an aggressive 12-hole, Phase 1 drilling campaign at its Orroroo project in South Australia, delineating U3O8 mineralisation with grades of up to 796ppm.

GreenTech Metals (ASX:GRE) has completed its maiden diamond drilling campaign at the Osborne JV in WA’s West Pilbara region.

Krakatoa Resources (ASX:KTA) says Phase 2 exploration at its King Tamba lithium project in WA’s Mid West is 75% complete – and so far has drilled into multiple pegmatites with thick intersections up to 39m in width downhole.

Galan Lithium (ASX:GLN) says construction of Pond 1 at its Hombre Muerto West lithium brine project in Argentina is 85% complete, with the company remaining on track for lithium chloride production in H1 2025.

Altech Batteries’ (ASX:ATC) Definitive Feasibility Study (DFS) for an 8,000tpa (120 GWh) alumina-coated metallurgical silicon plant in Saxony, Germany has returned impressive economics including capital investment of €112m, a net present value of €684m, and net cash of €105m per annum – plus the internal rate of return (IRR) is estimated at 34%, with investment capital paid back in 2.4 years and total revenue estimated at €328 million per annum.

Poseidon Nickel (ASX:POS) has entered into a farm-in agreement with unlisted Mantis Resources to earn into two tenements that host outcropping lithium-bearing pegmatites near Poseidon’s Lake Johnston project in WA.

Strategic Elements’ (ASX:SOR) lead innovator of its Energy Ink technology at UNSW, Professor Dewei Chu, has been awarded an Australian Research Council (ARC) Industry Fellowship for mid-career researchers – plus $1.02m to fund the project.

Reach Resources (ASX:RR1) has found multiple new niobium and Rare Earth Elements (REE) targets at its Wabli Creek project in WA following an external review on soil assay results.

Ionic Rare Earths (ASX:IXR) says its magnet recycling demonstration plant in Belfast, UK, is on track for 24/7 operations from early January 2024.

New World Resources (ASX:NWC) has nabbed drilling approval to test multiple VMS targets along strike from its Antler Copper project in Arizona, USA.

And ADX Energy’s (ASX:ADX) share purchase plan at A$0.16 per share has raised $1.578m to fund its share of the Giant Welchau Gas Prospect where well site construction has begun and drilling is expected to commence drilling in late January 2024.

At Stockhead we tell it like it is. While Norfolk Metals, Greentech Metals, Krakatoa Resources, Strategic Elements, Reach Resources, Ionic Rare Earths, Altech Batteries, New World Resources, Galan Lithium, Poseidon Nickel, Metalicity and ADX Energy are Stockhead advertisers, they did not sponsor this article.