In Case You Missed It: Record monthly Canadian cannabis revenue takes top spot

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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 ZNC Zenith Minerals Ltd 0.12 46% $28,895,232 ME1 Melodiol Glb Health 0.004 33% $11,487,311 FAU First Au Ltd 0.0025 25% $2,903,987 ALV Alvomin 0.22 22% $16,763,457 K2F K2Fly Ltd 0.084 20% $12,272,036 AEV Avenira Limited 0.014 17% $20,760,087 BVS Bravura Solution Ltd 0.795 15% $309,364,261 HLX Helix Resources 0.004 14% $8,131,010 OMA Omegaoilgaslimited 0.22 13% $34,479,989 TYX Tyranna Res Ltd 0.018 13% $52,582,805 DUN Dundasminerals 0.064 12% $2,888,679 SVM Sovereign Metals 0.505 12% $253,351,530 L1M Lightning Minerals 0.14 12% $5,090,633 BRX Belararoxlimited 0.4625 11% $21,556,768 TKM Trek Metals Ltd 0.051 11% $22,891,444 MNS Magnis Energy Tech 0.073 11% $79,166,878 AHK Ark Mines Limited 0.22 10% $9,028,952 RCR Rincon 0.033 10% $5,307,633 A4N Alpha Hpa Ltd 0.8575 10% $685,623,564 AS2 Askarimetalslimited 0.17 10% $11,904,033

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Melodiol Global Health (ASX:ME1) Canadian cannabis subsidiary Mernova Medicinal has achieved its highest ever monthly revenue of nearly $900k in October with purchase orders of over $600k already in November.

First Au (ASX:FAU) has received statutory endorsement from Earth Resources and Regulation for its work plan for proposed bulk sampling at its Snowstorm gold project in Victoria.

Alvo Minerals (ASX:ALV) says testing proves that the Bluebush project in Brazil is a highly sought-after ionic adsorption clay-hosted rare earths deposit.

ESG compliance platform K2Fly (ASX:K2F) is raising $1m via a placement at $0.10 per share to bolster its balance sheet.

Tyranna Resources (ASX:TYX) has commenced drilling at the Muvero prospect in Namibia and says it’s already intersecting lithium mineralisation in multiple pegmatites.

 

More Top Small Cap Stories: Thursday

 

Adavale Resources (ASX:ADD) has unearthed a potential 700m-long nickel sulphide zone at Luhuma Central, part of Kabanga Jirani project in Tanzania.

Ora Banda (ASX:OBM) says high-grade intercepts have unveiled the potential for the Sand King deposit to become the second underground gold mine at its Davyhurst gold project in WA. 

Desoto Resources’ (ASX:DES) hunt for a tier 1 discovery at its Fenton project in the NT is off to a strong start, with maiden drilling showing the potential for a 2km-long gold zone. 

Belararox (ASX:BRX) has inked a deal to acquire the Solwezi East and Chantente exploration licences, near some monster mines in the prolific Zambian Copperbelt province. 

Diablo Resources (ASX:DBO) has hit up to 5.92 g/t gold at historic Devils Canyon project, with a side of silver and copper.

Sovereign Metals (ASX:SVM) has commenced a bulk sampling program at its 1.8 billion tonne Kasiya project in Malawi to provide potential customers with product samples.

A report has highlighted Frontier Energy’s (ASX:FHE) Bristol Springs as the only project of its size (868 hectares) that can access WA’s electricity network in the short to medium term, putting the company in a unique opportunity to capitalise as energy prices rise. 

Fin Resources (ASX:FIN) has found more outcropping pegmatites at its newly named White Bear lithium discovery in Canada.

James Bay Minerals (ASX:JBY) has discovered nine additional pegmatite dykes at its Aero property, which forms part of the La Grande project in Canada. 

Magnetic Resources (ASX:MAU) has backed up its recent drilling success at Lady Julie with confirmation the best zones are still open at depth.

Tempus Resources (ASX:TMR) has released a resource estimate of 317,200 tonnes at 5.97g/t for 60,900 gold ounces at the Elizabeth gold project in Canada.

Resource growth drilling has commenced at the Papayal prospect at Titan Minerals’ (ASX:TTM) Dynasty gold project in Ecuador, with 24 holes planned for 2,650 metres.

Corella Resources (ASX:CR9) says the Tampu scoping study highlights the potential for the project to become one of the highest-quality undeveloped kaolin deposits globally to produce High-Purity Alumina (HPA) and kaolin for the high-end paint, paper coating, top-end ceramic, cosmetic and pharmaceutical industries. 

And Vection Technologies (ASX:VR1) has appointed Riccardo Leoni as interim chief financial officer. 

 

At Stockhead we tell it like it is. While Adavale Resources, Melodiol Global Health, Ora Banda, DeSoto Resources, Alvo Minerals, Belararox, Diablo Resources, Sovereign Metals, Frontier Energy, Fin Resources, James Bay Minerals, Magnetic Resources, Tempus Resources, Titan Minerals, Corella Resources and Vection Technologies are Stockhead advertisers, they did not sponsor this article.

 

 

The post In Case You Missed It: Record monthly Canadian cannabis revenue takes top spot appeared first on Stockhead.

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