XTC Lithium Ltd has completed the sale of its non-core wholly owned exploration tenements at Southern Cross, Western Australia, to private entity Geko Explore Pty Ltd for $1 million. The divestment aligns with XTC’s strategy to prioritise its Carachi Lithium Project in Argentina.
Under the terms of the agreement, the $1 million consideration will be paid in three instalments:
Altech Batteries Ltd has moved to acquire a total of 75% of the CERENERGY® Project and 100% of the Silumina AnodesTM Project from its subsidiaries via a binding term sheet.
The company will acquire Altech Advanced Materials (AAM) AG’s 25% equity interest in Altech Energy Holdings GmbH (holder of 75% stake in CERENERGY®) and 25% equity interest in Altech Industries Germany GmbH (AIG) (100% holder of Silumina Anodes) including all outstanding shareholder loans owed to AAM.
archTIS Ltd has made broad progress in commercialising its data protection and integration solutions during the last half year period, securing a $2.3 million contract with the Australian department of defence and expanding other partnerships.
The company also improved its overall economic position, increasing annual recurring revenue by 11% compared to the prior corresponding period (pcp) to $4 million, increasing gross margins by 74% and reducing operating expenses by 9% to $3.4 million.
Lindian Resources Ltd will part ways with CEO Alwyn Vorster as it transitions into project delivery at its flagship Kangankunde Rare Earths Project in Malawi.
Vorster will step down from his role on February 28, 2025 following a mutual agreement with the Board to conclude his fixed-term contract early. He has led the company since June 2024 and was responsible for advancing the Kangankunde feasibility study and structuring the project for funding and construction. The Board has expressed its appreciation for his contributions and extended best wishes for his future endeavours.
Cobalt Blue Holdings Ltd has secured $700,000 through an advance on its anticipated Research and Development Tax Incentive (R&DTI) refund for the 2025 financial year (FY25). The funding will support the finalisation of the production flowsheet for the Kwinana Refinery Project.
The advance was provided under a short-term loan facility with Radium Capital, a specialist Research and Development finance provider, and is secured against COB’s FY25 R&DTI refund from the Australian Taxation Office (ATO).
Lisata Therapeutics Inc (NASDAQ:LSTA) CEO David Mazza told investors that he expects 2025 to be a “data-rich year” in a statement accompanying its full-year 2024 financial results.
The pharmaceutical company highlighted progress in its clinical pipeline, including encouraging preliminary data from a Phase 2b pancreatic cancer trial.
C3 Metals Inc (TSX-V:CCCM, OTC:CARCF) has announced a $10 million bought deal private placement led by Paradigm Capital and co-lead by underwriter Canaccord Genuity Group, alongside a syndicate of underwriters.
Under the agreement, the underwriters will purchase 20 million common shares at $0.50 per share, with an option to acquire up to an additional 3 million shares, which could bring in an extra $1.5 million.
Power Metallic Mines Inc (TSX-V:PNPN, OTCQB:PNPNF) said it has completed its previously announced private placement offering, raising approximately C$50 million.
The offering consisted of nearly 14.14 flow-through shares priced at C$2.83 per share, generating gross proceeds of approximately C$40 million and almost 6.9 non-flow-through common shares at C$1.45 per share, contributing about C$10 million.
Tiziana Life Sciences Ltd (NASDAQ:TLSA) has announced the publication of a new study in Nature Neuroscience that demonstrates promising results for its nasal anti-CD3 therapy in treating traumatic brain injury (TBI).
The study revealed that nasal administration of Tiziana's anti-CD3 therapy significantly modulated neuroinflammatory responses, resulting in improved neurological outcomes.
Ideal Power Inc (NASDAQ:IPWR) ended its fourth quarter with nearly $16 million in cash as it looks to commercial sales of its B-TRAN product later this year.
During the quarter, the company secured its first design win for solid-state circuit breakers (SSCB) with a major Asian circuit protection equipment manufacturer.
Delivra Health Brands Inc. (TSX-V:DHB) has reported a 34% year-over-year increase in revenue for the second quarter of fiscal 2025, driven by strong sales of its Dream Water product in the United States and Canada.
The health and wellness consumer packaged goods company posted net revenue of $2.75 million for the three-month period ending December 31, 2024, an increase of $704,000 compared to the same period last year.
Santacruz Silver Mining Ltd (TSX-V:SCZ, OTC:SZSMF) announced that its wholly owned Bolivian subsidiary San Lucas SA has completed its first offering of promissory notes under its San Lucas Promissory Notes Issuance Program, raising 70 million Bolivian Bolivianos in an oversubscribed sale.
This offering sold out within just 15 minutes, Santacruz said, highlighting strong demand from local investors.
Polarean Imaging PLC (AIM:POLX, OTC:PLLWF) told investors it beat its revenue target for 2024, driven by the funding and strengthening undertaken during the year.
The company said it will report revenue of $3 million to $3.1 million for 2024, surpassing its previous guidance and more than tripling the $891,000 revenue reported in 2023.
Medicus Pharma (NASDAQ:MDCX) has announced the submission of its Phase 2 clinical study design, evaluating its non-invasive therapy targeting basal cell carcinoma (BCC) of the skin, to the United Arab Emirates (UAE) Department of Health.
The study, SKNJCT-004, is set to enroll 36 participants across four leading medical institutions in the UAE: the Cleveland Clinic Abu Dhabi, Sheikh Shakbout Medical City, Burjeel Medical City, and American Hospital of Dubai.
Aftermath Silver Ltd (TSX-V:AAG, OTCQX:AAGFF) reported additional assay results from its Phase 2 diamond drill program at the Berenguela silver-copper-manganese deposit in southern Peru, with drilling in the Eastern Zone yielding the longest copper intercept to date.
One hole intersected 156 meters grading 1.12% copper, 290 grams per tonne (g/t) silver, and 7.3% manganese from surface.
Ecora Resources PLC (LSE:ECOR, TSX:ECOR, OTCQX:ECRAF) has acquired a copper stream from Moxico Resources' Mimbula copper mine in Zambia for $50 million.
The stream covers the mine's 11-year Life of Mine (LOM) with potential for extension.
Alvopetro Energy Ltd (TSX-V:ALV, OTC:ALVOF) reported a 65% jump in its total proved (1P) reserves to 4.5 million barrels of oil equivalent (MMboe) following an increase in its working interest in the Caburé natural gas field.
The company's total proved plus probable (2P) reserves rose 5% to 9.1 MMboe as of December 31, 2024, while the before-tax net present value discounted at 10% (NPV10) of its 1P reserves surged 53% to US$177.7 million.
Sidney Resources Corporation (OTC:SDRC) has announced assay results from its 25,000-ton ore stockpile at the Warren District project which has confirmed significant concentrations of gold, silver, platinum group metals (PGMs), and rare earth elements.
The company said that the assays, analyzed by PTOE Labs, Florin Labs, and Auris Noble, confirm multi-ounce per ton levels of gold and PGMs, highlighting the project's resource potential.
Eco (Atlantic) Oil & Gas Ltd (AIM:ECO, TSX-V:EOG) is well-positioned for a dynamic period of exploration and deal making, chief executive Gil Holzman told investors in Thursday’s quarterly results statement.
The explorer, in the statement, said it ended the third quarter with $6.03 million and had no debt – whilst it stated an asset value of $27.18 million.
Allergy Therapeutics PLC (AIM:AGY, OTC:AGYTF) is set to present its latest research at the 2025 American Academy of Allergy, Asthma & Immunology/World Allergy Organization (AAAAI/WAO) Joint Congress, which is taking place in San Diego from 28 February to 3 March.
The event brings together clinicians and researchers focused on allergy, asthma, and immunology.
European Lithium Ltd subsidiary Critical Metals Corp. has appointed Michael C. Ryan as an independent director, effective March 1, 2025. His appointment comes as Critical Metals advances its position in the rare earths sector, a market increasingly recognised for its strategic importance in defence and technology industries.
Ryan has an extensive background in defence and government service, having served in the United States Air Force and later as an executive at the US Department of Defence, where he supported the Secretary of Defence. His expertise in national security aligns with his strong interest in the critical role of rare earth elements.
Pantoro Ltd has unearthed multiple broad zones of very high-grade gold in grade control drilling at the Scotia Underground Mine, part of the Norseman Gold Project in Western Australia.
Results of particular note included 16.51 metres at 12.09 g/t gold, 4.51 metres at 23.57 g/t gold, 0.33 metres at 143.08 g/t gold and 1.19 metres at 32.74 g/t gold.