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
Cement stock Adbri (ASX:ABC) has received a non-binding indicative takeover proposal from CRH and the Barro Group at a price of $3.20 cash per share, a 41% premium to last close.
HeraMED (ASX:HMD) has signed a Memorandum of Understanding with FemBridge, a leading US innovator in maternal healthcare solutions, which will see the companies collaborate on the development of a scalable, seamless, and comprehensive maternity care solution.
Superannuation funds administrator Link Administration Holdings (ASX:LNK) has entered into a scheme implementation deed with Mitsubishi UFJ Trust & Banking Corporation (The Trust Bank), a consolidated subsidiary of Mitsubishi UFJ Financial Group, under which The Trust Bank has agreed to acquire 100% of the shares in Link Group by way of a scheme of arrangement.
Mt Malcolm Mines (ASX:M2M) says re-logging of collected spoil samples indicates more extensive pegmatite occurrences than originally documented at its Lake Johnston project in WA.
Thor Energy (ASX:THR) has welcomed a strategic investment by Alligator Energy (ASX:AGE) into EnviroCopper (which THR holds 30% of) to further develop In- Situ Recovery (ISR) copper projects. ECL also signed a deal today with Andromeda Metals (ASX:ADN) , to acquire the Alford West ISR joint venture in South Australia.
More Top Small Cap Stories: Monday
Frontier Energy (ASX:FHE) has successfully acquired Waroona Energy to create Western Australia’s largest renewable energy development company.
High-grade results up to 9.84 g/t gold have been returned from the first 10 infill drill holes at St Annes, part of Meeka Gold (ASX:MEK) Murchison gold project.
Blue Star Helium (ASX:BNL) has secured regulatory approval to drill four additional wells at its maiden Voyager helium development in Colorado, USA.
Arizona Lithium (ASX:AZL) has raised $16.5m via a placement at 5.1 cents per share to fast-track 2024 drilling at its Prairie lithium project in Canada.
More “outstanding” intersections have been received from Kingsland Minerals (ASX:KNG) Leliyn graphite project in the Northern Territory, including 14m at 11.53% TGC from 32m.
Western Yilgarn (ASX:WYX) has more than doubled the size of its highly prospective Bulga project in Western Australia after securing two new lease applications.
RC drilling intersects high-grade gold at the Marwari prospect within Strickland Metals’ (ASX:STK) Horse Well project in WA including up to 5.6g/t gold.
BPM Minerals (ASX:BPM) has received the green light – in the form of a completed heritage survey – to start aircore and reverse circulation drilling at its Claw gold project in WA.
Haranga Resources (ASX:HAR) has commenced an up to ~6,000m RC drilling program at its Saraya uranium project in Sengal.
Future Battery Minerals (ASX:FBM) says a reprocessed resistivity survey has highlighted new drill targets at its Kangaroo Hills lithium project in WA.
And Riversgold (ASX:RGL) has expanded its tenement position with a further 207km2 (E47/5086) around Azure Minerals’ (ASX:AZS) Andover lithium discovery and Raiden Resources’ (ASX:RDN) Andover South lithium target.
At Stockhead we tell it like it is. While Frontier Energy, Meeka Metals, Mt Malcolm Mines, Blue Star Helium, Arizona Lithium, Kingsland Minerals, Strickland Metals, Western Yilgarn, BPM Minerals, Haranga Resources, Future Battery Minerals and Riversgold are Stockhead advertisers, they did not sponsor this article.
The post In Case You Missed It: Takeovers, healthcare deals and some lithium appeared first on Stockhead.
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