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
SaaS company InteliCare (ASX:ICR) has signed a Memorandum of Understanding (MoU) with Australia’s largest independent not-for-profit aged care provider Bolton Clarke to deploy the company’s AI-care drive platform in its residential aged care homes and retirement villages.
Fintech lender Plenti Group (ASX:PLT) and National Australia Bank will launch a “NAB powered by Plenti” car and electric vehicle (EV) loan. NAB may also acquire up to 15% of PLT’s share capital through placements and market purchases.
Equinox Resources (ASX:EQN) has applied for highly prospective ~1,760km2 rare earths tenements in Brazil to establish a newly defined Campo Grande project, and the company is raising $1.6m via a placement at $0.20 per share to fund preliminary exploration.
Cyclone Metals (ASX:CLE) metallurgical test work has produced blast furnace magnetite concentrate grading 68.7% iron from its Block 103 project in Canada.
Accelerate Resources (ASX:AX8) has identified at least two parallel zones of spodumene-rich, lithium-bearing pegmatite systems spanning the entire width of the tenement area at the Prinsep lithium project in WA.
More Top Small Cap Stories: Tuesday
Renascor Resources (ASX:RNU) has entered into a land purchase agreement for the freehold property that hosts its Siviour graphite deposit in South Australia to facilitate the planned transition from development into construction.
Antilles Gold (ASX:AAU) is raising $1m to further the development of its Nueva Sabana and La Demajagua mining projects in Cuba.
Aroa Biosurgery (ASX:ARX) has released its H1 FY24 results, with top-line growth led by sales of its Myriad product family which grew by 80% on H1 FY23 to NZ$10.2 million.
Lithium Universe (ASX:LU7) says the engineering study for its Québec Lithium Processing Hub is progressing at record pace.
Meeka Gold (ASX:MEK) has reported more shallow, high-grade assays from its 685,000oz at 2g/t gold Turnberry resource (part of its 1.2Moz Murchison project), including 19m at 8.75g/t gold from 48m including 10m at 14.81g/t gold.
Ora Banda (ASX:OBM) says the first ore from the Riverina Underground Main Lode has been intersected four weeks ahead of the final investment decision schedule, with expected lode grades of 10g/t and expected face grades of 4g/t in Main Lode East.
The Chinese National Medical Products Administration (NMPA) Center for Drug Evaluation (CDE) has approved Dimerix (ASX:DXB) Investigational New Drug (IND) application to commence recruitment for ACTION3 Phase 3 study of DMX-200, for focal segmental glomerulosclerosis (FSGS) kidney disease.
Variscan Mines (ASX:VAR) has released a maiden resource estimate for its San Jose mine in Spain of 1.1Mt at 9% zinc and 1.2% lead.
Godolphin Resources (ASX:GRL) has applied for a new exploration licence adjacent to its Narraburra rare earths project in NSW.
And Challenger Gold (ASX:CEL) has appointed Dr. Sonia Delgado as director of the company.
At Stockhead we tell it like it is. While Cyclone Metals, Renascor Resources, Aroa Biosurgery, Meeka Metals, Ora Banda Mining, Lithium Universe, Accelerate Resources, Antilles Gold, Equinox Resources, Dimerix, Variscan Mines, InteliCare, Godolphin Resources and Challenger Gold are Stockhead advertisers, they did not sponsor this article.
The post In Case You Missed It: AI-aged care deal, EV bank loans and some rare earths appeared first on Stockhead.
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