Giyani Metals Corp (TSX-V:EMM, OTC:CATPF) earlier this week confirmed the shipment of its first high purity manganese oxide samples from its demonstration plant in Johannesburg to potential off-takers.
The company said this shipment represents a key milestone as it transitions from laboratory to demonstration scale—a process it claims sets it apart from competitors outside China. Giyani is the only group to reach this scale in battery-grade manganese production outside of China.
Excellon Resources Inc (TSX:EXN, OTCQB:EXNRF) said on Friday it has signed a non-binding agreement with subsidiaries of Glencore PLC (LSE:GLEN) to support the restart of its Mallay Silver Mine in Peru.
The agreement includes a pre-export finance loan facility and a concentrate offtake deal, which together are expected to provide the core funding for the mine's rehabilitation and restart.
In a world increasingly defined by geopolitical uncertainty and technological rivalry, President Donald Trump’s recent diplomatic tour through the Persian Gulf may prove to be a watershed moment for global defense and tech markets. Frank Holmes, CEO of U.S. Global Investors (NASDAQ:GROW), unpacks how the trip’s eye-popping economic agreements—spanning arms, aviation, and AI—signal a new era of strategic investment. From record-breaking arms deals to sovereign AI infrastructure powered by U.S. semiconductors, Holmes argues these developments represent more than diplomacy—they’re a roadmap to the industries poised to lead in a rearming world.
President Donald Trump’s first overseas trip since returning to the White House turned a lot of heads across the aerospace & defense and semiconductor industries last week. Over the course of just a few days, he visited three key Persian Gulf states—Saudi Arabia, Qatar and the United Arab Emirates (UAE)—where a cascade of economic agreements potentially totaling in the trillions of dollars was unveiled.
Forte Minerals Corp (CSE:CUAU, OTCQB:FOMNF) said it plans to raise up to C$2.7 million through a non-brokered private placement to fund drilling and exploration activities at its projects in Peru.
The Vancouver-based company will issue up to 6 million units at C$0.40 per unit to raise as much as C$2.4 million, with an option to increase the offering by C$300,000.
Candel Therapeutics Inc (NASDAQ:CADL) announced that it will present results from its positive Phase 3 trial of CAN-2409 in patients with intermediate-to-high-risk localized prostate cancer at the 2025 American Society of Clinical Oncology (ASCO) Annual Meeting on June 3 in Chicago.
“We are honored that our pivotal phase 3 CAN-2409 data will be presented at the ASCO Annual Meeting, reinforcing the strength of our previously announced results,” Candel CEO Dr Paul Peter Tak said in a statement.
Nostra Terra Oil and Gas Company PLC (AIM:NTOG, OTC:NTOGF) told investors its ‘high netback’ operations are resilient to an extended low oil price environment, and it plans to actively consider new opportunities as they arise.
In today’s results statement, for 2024, a period in which the business has been reformed significantly, the small-cap oil firm highlighted that its Pine Mills and Fouke assets remain flow positive at oil prices above $25 per barrel.
Empire Metals Ltd (AIM:EEE, OTCQB:EPMLF) has raised £4.5 million through a share subscription with institutional investors.
It sees the issue of 47.36 million new shares at a price of 9.5p. As a result, the company’s cash position rises to £7.1 million.
Chill Brands Group PLC (LSE:CHLL, OTCQB:CHBRF) has raised £1 million through the issue of convertible loan notes and restructured the terms of an earlier funding agreement with its largest shareholder as the consumer goods group seeks to stabilise its finances and restart trading in its shares.
The London-listed company said on Friday that Jonathan Swann, its largest shareholder, subscribed to the fundraising alongside other investors.