When Paul Welch took over as chief executive of Nostra Terra Oil and Gas Company PLC (AIM:NTOG, OTC:NTOGF) little over a year ago, he faced a simple but daunting task: Transform a stagnating business into a profitable, growth-focused enterprise.
Thirteen months on, Welch's approach, combining prudent cost management, targeted investments, and disciplined project execution, is starting to bear fruit.
Giyani Metals Corp (TSX-V:EMM, OTC:CATPF) said on Monday it has received a non-binding letter of interest from the Export-Import Bank of the United States (EXIM) for up to $225 million in financing to support the construction of its K.Hill battery-grade manganese project in Botswana.
The potential funding, in the form of long-term debt with a repayment period of up to 15 years, would fall under EXIM’s Supply Chain Resilience Initiative (SCRI), a program launched earlier this year aimed at reducing US reliance on critical mineral supply chains dominated by China.
Coinsilium Group Limited (AQSE:COIN, OTCQB:CINGF) shares rocketed 91% on Monday after it updated on its Bitcoin treasury venture, Forza.
The Forza vehicle has acquired 6.5577 Bitcoin at an average price of £77,770.36 per coin, totalling £510,000.
Power Metallic Mines Inc (TSX-V:PNPN, OTCQB:PNPNF) announced that it has secured the exploration license for the Jabal Baudan project in Saudi Arabia, continuing its international expansion.
The company highlighted that with this award it becomes one of the few foreign mining companies to receive a concession in the Kingdom, following a successful bid in a competitive licensing process.
Sona Nanotech Inc (CSE:SONA, OTCQB:SNANF) announced that it has entered into a clinical trial agreement for an early feasibility study of its Targeted Hyperthermia Therapy (THT) in advanced melanoma patients.
The company is partnering with a clinic in Santiago, Chile, to conduct the study.
Santacruz Silver Mining Ltd (TSX-V:SCZ, OTC:SZSMF) has appointed Andrés Bedregal as Chief Financial Officer, the company said on Monday, formalizing his position after serving in the role on an interim basis since October 2024.
Bedregal, who is also the CFO of Sinchi Wayra, Santacruz’s wholly owned Bolivian subsidiary, has been instrumental in enhancing the miner’s financial health and guiding strategic decisions, including renegotiating terms for the company’s Bolivian asset acquisition through the Accelerated Option Plan.
Nostra Terra Oil and Gas Company PLC (AIM:NTOG, OTC:NTOGF) shares are tipped for more than 300% upside as it continues to deliver in its self-funded growth strategy, that’s the view of analysts at SP Angel.
The stockbroker has initiated its coverage of the AIM-quoted junior oil producer with a ‘Buy’ recommendation and a price target of 0.06p (versus today’s market price of 0.013p).
Seeing Machines Ltd (AIM:SEE, OTC:SEEMF) has landed a US$1.2 million agreement with ‘a North American autonomous driving company’, with the AIM-quoted firm supplying its backup-driver monitoring systems.
Its Guardian systems will be installed in test vehicles as the customer expands testing operations to new sites.
Shares in Falcon Oil & Gas Ltd (AIM:FOG, TSX-V:FO) jumped as much as 23% on Monday after the company announced record-breaking gas well results from its Beetaloo Sub-basin project in Australia.
The SS-2H ST1 well achieved a 30-day initial production rate of 7.2 million cubic feet per day, the highest ever recorded in the Beetaloo.
88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) has launched a ‘Small Holding Share Sale Facility’ which aims to mop up a long tail of small shareholdings.
It will buy out shareholders with "less than marketable parcels" of shares, without using a broker or paying brokerage fees.
Shares in Physiomics (LSE:PYC) rose 11% in early trading on Monday after the company announced its first biometrics contracts and a senior hire to lead the new division.
Jesse Thissen, previously of AstraZeneca, will join as Head of Biometrics on 1 July. His appointment marks the formal launch of a new service line aimed at broadening Physiomics’ biostatistical offering to clients in the pharmaceutical industry.
Tamboran Resources Corporation has achieved a Beetaloo Basin record average 30-day initial production (IP30) flow rate of 7.2 million cubic feet per day (MMcf/d) from its Shenandoah South 2H sidetrack (SS-2H ST1) well. The result marks a significant milestone for the company, aligning closely with the performance of wells in the prolific Marcellus Shale dry gas area.
Flow rates were normalised to 13.2 MMcf/d per 10,000 feet — demonstrating the Mid Velkerri B Shale’s commercial potential in Australia’s East Coast gas market.
Greatland Gold PLC (AIM:GGP, OTC:GRLGF) has closed its ASX bookbuild, securing buyers for some A$490.4 million worth of shares.
It was a combination of new (primary placing) and existing (secondary placing) shares.
archTIS Ltd (ASX:AR9, OTCQB:ARHLF) has reached a significant milestone in its strategic push into the United States defence sector, announcing the initial sale of NC Protect software to a US Department of Defense (DoD) contractor. The contract involves 1,000 user licences to support deployment in the Microsoft DoD365 cloud environment and is expected to lay the foundation for broader adoption across the warfighter network, potentially covering 150,000 users.
This would expand NC Protect’s global user base six-fold and is expected to materially drive growth in financial year 2026. The initial sale is valued at A$38,500 and is part of a phased procurement strategy overseen by federal contract holder Copper River Technologies.