Solar stocks moved sharply lower after a US Senate panel has proposed phasing out solar and wind energy tax credits by 2028.
Solar installation company Sunrun Inc (NASDAQ:RUN) led the decline in solar stocks, tanking 42% late morning on Tuesday.
Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF) (ReconAfrica) has closed a C$19 million upsized public offering of units, including the full exercise of the over-allotment option, to fund upcoming exploration activities in Namibia’s Kavango Basin.
Proceeds will be used to drill the Kavango West 1X exploration well—ReconAfrica’s second test of the Damara Fold Belt play in northeastern Namibia.
Northern Superior Resources Inc. (TSX-V:SUP, OTCQX:NSUPF) announced that it is expanding its footprint in the Chibougamau Gold Camp in Quebec with the acquisition of three new properties.
The company has signed a binding term sheet with TomaGold Corporation to acquire the Hazeur, Monster Lake East, and Monster Lake West properties.
Stifel has reaffirmed its ‘buy’ recommendation on Seeing Machines Ltd (AIM:SEE, OTC:SEEMF) following a US$1.2 million contract with an unnamed North American autonomous vehicle company to expand deployment of its backup driver monitoring system (BdMS).
The deal involves fitting the group’s technology to test vehicles used in ride-hailing services.
US Gold Corp (NASDAQ:USAU) has tapped Ken Murray of Captrics Consulting to lead the final phases of study work and develop a project execution plan for its CK Gold Project in Wyoming, it said Tuesday.
Murray, a veteran with over 25 years of experience in capital projects across the mining and technology sectors, will coordinate engineering efforts with the firm’s Engineering, Procurement, and Construction Management (EPCM) partner, and oversee all aspects of execution planning.
Lisata Therapeutics Inc (NASDAQ:LSTA) and GATC Health have expanded their strategic alliance aimed at accelerating and improving the success rate of drug development using artificial intelligence (AI).
The expanded collaboration builds on prior work in which GATC provided AI-based analysis supporting Lisata’s certepetide drug candidate.
Gunnison Copper Corp (TSX:GCU, OTCQB:GCUMF) said on Tuesday it is progressing on-time and under budget with a series of high-value-add (HVA) work programs at its flagship Gunnison Copper Project in southeast Arizona.
The Phoenix, Arizona-based company is working to enhance project economics ahead of a pre-feasibility study on the project.
Spanish Mountain Gold Ltd (TSX-V:SPA, OTC:SPAZF) has announced the final results from its recently completed 10,000-meter winter diamond drilling program at its flagship Spanish Mountain Gold project in British Columbia, with the highlight being a strategic step-out hole that intersected zones of gold mineralization.
This step-out hole, located approximately 300 meters northwest of a previous high-grade intercept at the K-Zone reported in April, intercepted 100.49 meters grading 0.49 grams per ton (g/t) of gold, starting from 300 meters depth.
Atlas Metals Group plc (LSE:AMG) rocketed 90% in early deals as it inked a new acquisition deal, a reverse takeover.
It sees the company acquiring Universal Pozzolanic Silica Alumina Ltd, which owns rights to a ‘pozzolanic silica alumina reserve’ in Australia.
Chariot Ltd (AIM:CHAR, OTC:OIGLF) has announced the successful completion of its open share offer, which was oversubscribed and raised $1 million (c.£700,000).
Added to a parallel investment round, the junior energy firm has attracted $7.1 million of new money, a serious feat in these difficult markets.
Greatland Gold PLC (AIM:GGP, OTC:GRLGF) announced that it raised a further £6.69 million of equity funding through its RetailBook offer.
The share offer was fully subscribed (hitting the maximum threshold of €8 million) and some 2.11 million new shares will now be issued.
Zinnwald Lithium PLC (LSE:ZNWD, OTC:ZNWLF) has launched a fundraising campaign to bring in at least £3 million to support the development of its lithium project in eastern Germany, following a positive pre-feasibility study earlier this year.
The raise, which combines a placing and direct subscriptions from existing shareholders, is being conducted at 5p per share, a 13.8% discount to the stock’s 20-day average.
Rainbow Rare Earths Ltd (LSE:RBW, OTC:RBWRF) told investors it has begun an Economic Assessment for the Uberaba rare earths project, in Brazil, in partnership with The Mosaic Company.
The study will assess the recovery of rare earths from phosphogypsum at Mosaic’s phosphoric acid facility.
ANGLE PLC (AIM:AGL, OTCQX:ANPCY) has unveiled new research demonstrating how its Parsortix liquid biopsy system, combined with next-generation sequencing, can uncover genetic differences missed by standard blood-based tests in lung cancer patients.
Presented today at the European Association for Cancer Research congress in Lisbon, the study highlights the benefits of analysing DNA from both circulating tumour cells (CTCs) and cell-free tumour DNA (ctDNA) extracted from the same blood sample.
Genflow Biosciences PLC (LSE:GENF, OTCQB:GENFF) has made headway across its gene therapy pipeline, reporting strong mid-year momentum in its programmes targeting age-related diseases, muscle loss, and degenerative eye conditions.
The update also highlighted important developments in intellectual property and new strategic collaborations.
Vinanz Ltd (LSE:BTC, OTCQB:VINZF), the Bitcoin-focused investment group listed on the London Stock Exchange, has raised £3.58 million from investors, more than triple its original £1 million target.
Recce Pharmaceuticals Ltd (ASX:RCE, OTC:RECEF)Ltd has secured a non-dilutive debt facility of up to approximately A$30 million (US$20 million) from global investment firm Avenue Capital Group, marking a significant milestone in the company’s growth strategy. An initial commitment of around A$11.5 million (US$7.5 million) will support Recce’s registrational Phase 3 clinical trials in Australia and Indonesia, which are focused on its lead candidate R327G for the treatment of diabetic foot infections (DFI) and acute bacterial skin and skin structure infections (ABSSSI).
The debt facility complements Recce’s recent A$15.8 million equity raise, bringing its pro-forma financial position to A$27.5 million. In addition, the company expects to receive an A$8.5 million research and development rebate in November 2025, further bolstering its cash reserves. Taken together, these funding sources provide Recce with an effective cash runway of approximately A$36 million, enabling it to progress clinical development and prepare for market launch without diluting existing shareholders.
D3 Energy Ltd (ASX:D3E, OTCQB:DNRGF) Ltd is expanding its global footprint with the acquisition of two highly prospective helium and hydrogen exploration permits in South Australia's Arckaringa Basin, which spans approximately 80,000 square kilometres in South Australia and remains one of the more lightly explored regions within the state's growing helium and hydrogen exploration corridor.
Geologically, the basin shares similarities with the Amadeus Basin located 250 kilometres to the north, where notable gas discoveries have been made. The Mt Kitty-1 well recorded concentrations of helium (9%), hydrogen (11.5%) and methane (13%), while the Magee-1 well—drilled northeast of Mt Kitty—penetrated below the Gillen Salt and encountered helium (6%) and methane (39%). These two wells remain the only sub-salt penetrations in the broader region to date.
Element 25 Ltd has secured a senior debt finance facility of up to A$50 million from the Northern Australia Infrastructure Facility (NAIF) to support the expansion of its Butcherbird Manganese Project (BBX) in WA’s Pilbara region.
The funding comprises A$42.5 million in senior debt and a A$7.5 million cost overrun facility, aligning with Element 25’s strategy to scale BBX to a 1.1 million tonne per annum (Mtpa) manganese concentrate operation.