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The Markets
by Proactive
Proactive UK has moved.
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Small cap wrap: Tiziana Life Sciences, Millennial Potash, Century LIthium...

Synchronoss Technologies Inc (NASDAQ:SNCR) delivered a solid first quarter, driven by cloud subscriber growth, high recurring revenue, improved margins, and strong operational execution.

The personal cloud software provider reported first-quarter results in line with its expectations on Tuesday and said it had completed a $200 million refinancing that strengthens its balance sheet.

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Shares in Century Lithium Corp. (TSX-V:LCE, OTCQX:CYDVF) climbed 6% Tuesday after the company reported better-than-expected results from its lithium extraction pilot program at its demonstration plant in Nevada.

Century achieved a 91.6% lithium recovery rate using direct lithium extraction (DLE) technology, a significant improvement over previous benchmarks.

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Tiziana Life Sciences Ltd (NASDAQ:TLSA) said Tuesday that its experimental multiple sclerosis therapy, nasal foralumab, showed positive results in an early-stage study, with patients experiencing stabilised disease progression and reduced signs of brain inflammation.

The open-label study followed 10 patients with non-active secondary progressive multiple sclerosis, or na-SPMS, a difficult-to-treat form of the disease in which disability worsens even in the absence of relapses. All participants had previously progressed despite B-cell therapy.

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Shares of Santacruz Silver Mining Ltd (TSX-V:SCZ, OTC:SZSMF) rose 5% Tuesday after the company announced a second $7.5 million payment to Glencore under its accelerated plan to acquire a portfolio of Bolivian mining assets.

The payment follows an initial $10 million instalment in March and is part of a structured deal aimed at completing $40 million in total payments by October 31.

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Tiziana Life Sciences Ltd (NASDAQ:TLSA) shares jumped 21% in early trading Tuesday after the company reported positive early-stage data for its experimental multiple sclerosis treatment, nasal foralumab.

The open-label study involved 10 patients with non-active secondary progressive MS, a form of the disease where disability progresses despite the absence of relapses and few treatment options exist.

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Century Lithium Corp. (TSX-V:LCE, OTCQX:CYDVF) said it achieved better-than-expected lithium recovery rates at its demonstration plant in Nevada.

The company reported a 91.6% lithium recovery rate during direct lithium extraction (DLE) pilot testing.

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Santacruz Silver Mining Ltd (TSX-V:SCZ, OTC:SZSMF) said Tuesday it has made a $7.5 million payment to Glencore as part of a structured plan to accelerate its acquisition of Bolivian mining assets and lock in cost savings.

This marks the second installment under the company’s previously announced Acceleration Option and follows an initial $10 million payment made on March 20. The remaining payments, totalling $22.5 million, are scheduled to be completed by October 31.

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KEFI Gold and Copper PLC (AIM:KEFI, OTC:KFFLF) told investors that the Ethiopian Council of Ministers has now approved Ethiopian Country Membership for Africa Finance Corporation (AFC).

The approval is a critical condition for AFC to participate in financing the Tulu Kapi Gold Project. AFC joins the Eastern and Southern African Trade and Development Bank, which already holds Country Membership.

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Challenger Energy Group PLC (AIM:CEG, OTCQB:BSHPF) chief executive Eytan Uliel told investors that 2025 is “progressing to plan”.

The company, in a statement, said that public consultations in Uruguay are underway for environmental permits needed for 3D seismic work on AREA OFF-1.

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American Rare Earths Ltd progressed its flagship Halleck Creek Project in Wyoming during the March quarter, delivering a significant JORC resource upgrade, a metallurgical processing breakthrough and confirmation of robust project economics in its updated scoping study.

The updated mineral resource estimate, released on February 4, increased the total resource by 12.2% to 2.63 billion tonnes at 3,292 parts per million (ppm) total rare earth oxides (TREO).

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Altech Batteries Ltd has achieved a key milestone in the development of its proprietary Silumina Anodes™ battery material, announcing successful spherisation of coated silicon particles, a 50% improvement in battery capacity, and full commissioning of its pilot plant in Germany. These advances position the company at the forefront of next-generation lithium-ion battery technology.

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