Small cap wrap: TNR Gold, Purepoint Uranium, 1911 Gold, HIVE Digital Technologies…


Ondine Biomedical Inc (AIM:OBI, OTC:OBIMF) rose 5% to 11.50p after its section III LANTERN trial met the first efficacy goal for lowering surgical website infections.

The biotech’s LANTERN trial met its prespecified main efficacy endpoint, with the primary evaluation estimating a 41% discount in surgical website an infection danger inside 30 days.

Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF, FRA:0XD) stated it plans to make use of proceeds from its newly closed C$21.85 million bought-deal providing to fund an open-hole horizontal sidetrack and manufacturing testing program concentrating on Namibia’s Huttenberg and Elandshoek formations.

The firm offered almost 30 million models at C$0.73 per unit, together with the total train of an over-allotment possibility. Each unit consists of 1 widespread share and half of 1 warrant, with every entire warrant exercisable at C$0.93 till September 2029.

Medicus Pharma (NASDAQ:MDCX) stated a accomplished Phase 2 examine of its SkinJect remedy confirmed all 90 enrolled sufferers completed remedy with out discontinuations, information the corporate says will information its next-stage registrational trial in a uncommon genetic pores and skin most cancers syndrome.

The randomized, double-blind, multicenter trial enrolled sufferers throughout 10 US investigative websites, evaluating two dose ranges of SkinJect in opposition to a device-only microneedle comparator.

TNR Gold Corp (TSX-V:TNR, FRA:TNW, OTC:TRRXF) stated Thursday that McEwen Copper Inc. has closed a $240 million senior secured four-year time period mortgage to advance the Los Azules copper, gold and silver undertaking in San Juan, Argentina, a undertaking on which TNR holds a 0.4% internet smelter returns royalty.

McEwen Copper, a subsidiary of McEwen Inc, will use the mortgage proceeds to proceed advancing engineering and early works at Los Azules, in addition to for common company functions.

1911 Gold Corp (TSX-V:AUMB, OTCQB:AUMBF, FRA:2KY) reported assay outcomes Thursday from an underground drill program on the True North Gold Project in southeast Manitoba, confirming a hyperlink between the L10 Zone and the bigger 710-711 Zone.

The outcomes are from eight diamond drill holes totaling 2,955 metres, drilled from Level 16 to check extensions of the L10 vein system and make sure its connection to the 710-711 vein system, an space the corporate calls the “L10/710-711 Complex Link.”

Grey Matters Health (CSE:GREY, OTCQB:AGNPD, FRA:AGW0) stated it’s going to use proceeds from the primary tranche of its non-public placement to advance its Alzheimer’s Disease program towards the opening of a US brain-specific neuroimaging clinic, together with common and administrative bills and dealing capital.

The Canadian healthcare firm closed the primary tranche of its beforehand introduced non-brokered non-public placement, elevating gross proceeds of C$600,000.

Purepoint Uranium Group Inc (TSX-V:PTU, OTCQX:PTUUF, FRA:P5X0) reported assay outcomes from its 2026 winter drill program on the Nova Target on the Dorado Joint Venture with IsoEnergy led by a high-grade intercept in gap NV26-05, which returned 1.65% U₃O₈ over 0.3 metres from 390.4 metres on the unconformity.

The nine-hole winter program intersected uranium mineralization throughout a number of holes alongside the Nova electromagnetic conductor, giving the corporate further geologic and structural management for future concentrating on.

HIVE Digital Technologies Ltd (TSX:HIVE, NASDAQ:HIVE, FRA:YO0, BVC:HIVECO) has appointed Mark Volk as senior vice chairman, proceeds at its subsidiary BUZZ High Performance Computing, as the corporate stated mixed proceeds from hashrate providers and GPU cloud providers has surpassed $1 million per day.

In the brand new position, Volk will lead BUZZ HPC’s world go-to-market technique throughout enterprise, authorities, sovereign AI, hyperscale, analysis and tutorial exchanges, overseeing commercialization of the corporate’s GPU-powered AI utilities, together with sovereign AI cloud, GPU-as-a-Service, colocation and hybrid AI options.

Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF, FRA:3ZX1, AIM:SEI) has signed definitive agreements for its proposed entry into Angola’s Block KON-16, securing an oblique 5% collaborating curiosity because the companions work in direction of a pre-salt exploration properly in 2027.

The firm can pay US$2.5 million for the curiosity, together with US$500,000 already paid to Corcel PLC (AIM:CRCL, FRA:RM4B) and an extra US$2 million due on completion.

Ilika PLC (AIM:IKA, OTCQX:ILIKF, FRA:I8A), the UK developer of solid-state battery expertise, stated it had efficiently accomplished its grant-supported PRIMED programme to enhance the efficiency of its Goliath 10Ah battery prototypes.

The undertaking drew curiosity from a UK defence company, which gave optimistic suggestions on the battlefield resilience of the Goliath cells, opening what the corporate described as ongoing industrial alternatives.

American Rare Earths Ltd (ASX:ARR, OTCQX:ARRNF) has appointed minerals processing specialist Dr Sanja Miskovic as chief technical advisor to help feasibility work and course of optimisation at its Halleck Creek Rare Earths Project in Wyoming.

Effective instantly, Dr Miskovic will information flowsheet improvement, beneficiation, hydrometallurgical restoration and scale-up actions aimed toward supporting manufacturing of separated uncommon earth oxides in Wyoming.



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